4504 Everest LN, Austin TX 78727

Based on 6 closed sales in ARROWWOOD, the data points to a value around $518,262 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $433,000 to $443,000. Buyers shopping in ARROWWOOD right now would see this as a well positioned option among 7 comparable homes. Being built in 1991 (11 years newer than comps) is factored into the value estimate. Lot size matters here: 0.13 acres versus 0.16 for the typical comp. There are currently 7 similar homes on the market in ARROWWOOD, ranging from $425,000 to $929,000. Market data shows 78727 prices fallen 2.9% over the last half year. The closest comparable sale, 4304 Red Cloud DR, Austin TX 78759 at an adjusted $392,874, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in ARROWWOOD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group