4121 Mek DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $2,223,177. I'd recommend coming to market at $1,176,000 to $1,186,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in 78731, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The pool is a standout feature, with 4 of 7 comparable homes not offering one. Built in 1997, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in 78731 (a balanced market), competition is a factor to consider. The trend in 78731 shows prices have risen 5.5% in the past 6 months. 6209 Shadow Mountain DR, Austin TX 78731 nearby adjusts to $1,974,130; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group