4618 Arapahoe TRL, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $521,555. I'd recommend coming to market at $591,000 to $607,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in WESTERN, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 0.26 acre lot (larger than the 0.23 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in WESTERN; a buyer's market based on recent absorption. The trend in WESTERN shows prices have risen 21.2% in the past 6 months. 2101 Cimarron TRL, Austin TX 78745 nearby adjusts to $570,115; a strong comparable. With 7 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