4703 Rustown DR, Austin TX 78727

The market data from 3 similar recent sales in CHAMPIONS FOREST points to a value of approximately $703,847. To sell within a reasonable timeframe at fair market value, the $588,000 to $598,000 range is where I'd position this. With 7 comparable homes on the market in CHAMPIONS FOREST, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 183 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.13 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in CHAMPIONS FOREST; a buyer's market based on recent absorption. In 78727, home values have fallen approximately 8% over the past 6 months. One of the strongest data points is 11105 Sierra Montana, Austin TX 78759, adjusting to $700,765; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group