4900 Shoal Creek BLVD, Austin TX 78756

After reviewing 3 recent transactions in SHOALMONT, I estimate this property's value at $1,332,100. A competitive list price for this home right now would fall in the $2,101,000 to $2,316,000 range. Buyers shopping in SHOALMONT right now would see this as a well positioned option among 7 comparable homes. Being 651 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.44 acres versus the area average of 0.31) contributes to the valuation. Right now, 7 similar properties are competing for buyers in SHOALMONT, listed between $1,150,000 and $2,750,000. Prices in SHOALMONT have risen 21.4% over the last 6 months. A similar home at 5603 Shady Oak CT, Austin TX 78756 carries an adjusted comparable value of $1,285,637, providing a strong data point. With 3 comparable sales in SHOALMONT, 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