4104 SHIMMERING CV, Austin TX 78731

The market data from 7 similar recent sales in 78731 points to a value of approximately $3,861,194. To sell within a reasonable timeframe at fair market value, the $4,978,000 to $6,380,000 range is where I'd position this. At this price, the property would be the most affordable of 2 comparable homes on the market comparable homes currently on the market in 78731. At 2,390 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. With 2 similar homes currently listed in 78731 (a balanced market), competition is a factor to consider. In 78731, home values have risen approximately 6.6% over the past 6 months. One of the strongest data points is 4511 Island CV, Austin TX 78731, adjusting to $4,978,046; a strong comparable. 7 comparable transactions in 78731 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