4115 Circletree LOOP, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,215,177. For a well positioned listing in 78731, I'd target the $597,000 to $607,000 range. In the current 78731 market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. The 1965 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. The active market in 78731 includes 6 comparable homes priced from $499,000 to $1,335,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 4214 Deepwoods DR, Austin TX 78731, with an adjusted value of $1,956,901; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group