4604 Mccormick Mountain DR, Austin TX 78734

The estimated value of this property is $487,624, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $548,000 and $597,000. In the current TRAVIS LANDING market with 3 similar homes available, this price represents the 2nd most expensive of 3 comparable homes on the market. The larger floor plan (175 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 3 comparable homes in TRAVIS LANDING; a buyer's market based on recent absorption. Recent trends in TRAVIS LANDING show home values have fallen 23.6% since 6 months ago. The most comparable recent sale is 4000 Ranch Road 620 N # 7, Austin TX 78734, with an adjusted value of $412,823; with a smaller floor plan. Based on 6 relevant data points in TRAVIS LANDING, 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