4500 Crestway DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,135,008. I'd recommend coming to market at $561,000 to $571,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78731, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 119 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.41 acre lot (larger than the 0.34 acre average) is reflected in the estimate. The active market in 78731 includes 7 comparable homes priced from $549,000 to $1,123,000. The trend in 78731 shows prices have fallen 12.4% in the past 6 months. 3415 Shinoak DR, Austin TX 78731 nearby adjusts to $1,294,101; with a smaller floor plan. With 4 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