4926 Strass DR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $765,544. For a well positioned listing in SHOALMONT, I'd target the $500,000 to $510,000 range. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in SHOALMONT. This home's smaller footprint (232 sqft vs the comp average) plays a role in how the market prices it. At 0.21 acres, the lot is smaller than the 0.24 acre comp average, which factors into pricing. With 5 similar homes currently listed in SHOALMONT (a balanced market), competition is a factor to consider. Recent trends in SHOALMONT show home values have risen 7.7% since 6 months ago. The most comparable recent sale is 5408 Montview ST, Austin TX 78756, with an adjusted value of $684,197; with a smaller floor plan. 4 comparable transactions in SHOALMONT support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group