4902 Shady Glade CT, Austin TX 78756

After reviewing 7 recent transactions in SHOALMONT, I estimate this property's value at $805,117. A competitive list price for this home right now would fall in the $789,000 to $821,000 range. Relative to what's currently available in SHOALMONT, this home would be the most expensive of 4 comparable homes on the market. The smaller floor plan (937 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (0.20 acres versus the area average of 0.24) contributes to the valuation. With 4 similar homes currently listed in SHOALMONT (a seller's market), competition is a factor to consider. Prices in SHOALMONT have fallen 14.3% over the last 6 months. A similar home at 4914 Strass DR, Austin TX 78731 carries an adjusted comparable value of $740,737, providing a strong data point. With 7 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