4105 SHIMMERING CV, Austin TX 78731

Based on 7 closed sales in 78731, the data points to a value around $3,437,121 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $5,871,000 to $6,341,000. Buyers shopping in 78731 right now would see this as a well positioned option among 6 comparable homes. The 1,975 sqft size difference versus comparable sales is reflected in the adjusted values. A pool adds market appeal. Only 7 minus 1 of the comps had one. Current inventory shows 6 comparable homes in 78731; a balanced market based on recent absorption. Market data shows 78731 prices risen 12.5% over the last half year. The closest comparable sale, 5901 Inter Council CV, Austin TX 78731 at an adjusted $1,908,022, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78731. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group