The market data from 7 similar recent sales in STEINER RANCH points to a value of approximately $582,505. To sell within a reasonable timeframe at fair market value, the $609,000 to $616,000 range is where I'd position this. Against 7 similar active listings in STEINER RANCH, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Right now, 7 similar properties are competing for buyers in STEINER RANCH, listed between $560,000 and $744,000. In STEINER RANCH, home values have risen approximately 0.4% over the past 6 months. One of the strongest data points is 3608 Latimer DR, Austin TX 78732, adjusting to $633,660; a strong comparable. 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