4103 Shimmering CV, Austin TX 78731

My analysis of 3 comparable properties puts this home's estimated value at $1,636,854. Based on how the local market is moving, a list price between $1,588,000 and $1,686,000 would position this home well. This home's position in the current 78731 market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. The larger lot (0.41 acres versus the area average of 0.38) contributes to the valuation. 5 similar homes are currently available in 78731, creating a buyer's market for this price range. The 6 month price trend in 78731: fallen 15.3%. The best comp here is 5913 Doone Valley CT, Austin TX 78731 at an adjusted value of $1,162,749, a strong comparable. The comp data here (3 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus