4307 Red Cloud DR, Austin TX 78759

The estimated value of this property is $516,944, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $551,000 and $561,000. With 7 comparable homes on the market in MESA PARK, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 159 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1981, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in MESA PARK; a buyer's market based on recent absorption. Recent trends in MESA PARK show home values have fallen 0.6% since 6 months ago. The most comparable recent sale is 4203 Steve Scarbrough DR, Austin TX 78759, with an adjusted value of $569,338; a strong comparable. Based on 7 relevant data points in MESA PARK, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX