5009 Strass DR, Austin TX 78731

Based on 7 closed sales in SHOALMONT, the data points to a value around $923,914 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $672,000 to $682,000. Relative to what's currently available in SHOALMONT, this home would be the 2nd most expensive of 4 comparable homes on the market. At 160 sqft smaller than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.39 acres versus 0.26 for the typical comp. Buyers in SHOALMONT have 4 comparable options right now, with asking prices between $635,000 and $1,188,888. Market data shows SHOALMONT prices risen 22% over the last half year. The closest comparable sale, 2404 Lawnmont Ave, Austin TX 78756 at an adjusted $974,234, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SHOALMONT. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group