4011 Tealwood, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $506,017. For a well positioned listing in TRAILS, I'd target the $361,000 to $371,000 range. In the current TRAILS market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (153 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1973 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in TRAILS; based on recent absorption. Recent trends in TRAILS show home values have risen 15.6% since 6 months ago. The most comparable recent sale is 7907 Tealwood TRL, Austin TX 78731, with an adjusted value of $446,724; with a smaller floor plan. 3 comparable transactions in TRAILS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group