5004 Shoal Creek BLVD, Austin TX 78756

My analysis of 3 comparable properties puts this home's estimated value at $719,362. Based on how the local market is moving, a list price between $517,000 and $527,000 would position this home well. This home's position in the current 78756 market: the most expensive of 4 comparable homes on the market among comparable properties. The larger lot (0.30 acres versus the area average of 0.26) contributes to the valuation. With 4 similar homes currently listed in 78756 (a balanced market), competition is a factor to consider. The 6 month price trend in 78756: fallen 16.2%. The best comp here is 5723 Highland Hills DR, Austin TX 78731 at an adjusted value of $612,861, a strong comparable. With 3 comparable sales in 78756, 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