4606 Cap Rock DR, Austin TX 78735

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $635,429. Pricing this home between $308,000 and $318,000 would put it in the competitive sweet spot for TRAILWOOD. This home's position in the current TRAILWOOD market: the most expensive of 5 comparable homes on the market among comparable properties. This home's smaller footprint (206 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.15 acres versus the area average of 0.18) contributes to the valuation. 5 similar homes are currently available in TRAILWOOD, creating a seller's market for this price range. Market data shows TRAILWOOD prices fallen 8.6% over the last half year. The closest comparable sale, 4511 Cliffstone CV, Austin TX 78735 at an adjusted $687,295, is a strong comparable. With 6 comparable sales in TRAILWOOD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group