5011 Shoal Creek BLVD, Austin TX 78756

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $734,894. I'd recommend coming to market at $566,000 to $576,000 to strike the right balance between value and market velocity. Among the similar homes currently available in SHOALMONT, this price point stands out as competitive. The smaller floor plan (207 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.20 acre lot (smaller than the 0.25 acre average) is reflected in the estimate. Current inventory shows 4 comparable homes in SHOALMONT; a buyer's market based on recent absorption. The trend in SHOALMONT shows prices have risen 21.4% in the past 6 months. 5408 Montview ST, Austin TX 78756 nearby adjusts to $661,174; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group