5015 Timberline DR, Austin TX 78746

The market data from 3 similar recent sales in TIMBERLINE TERRACE points to a value of approximately $1,349,430. To sell within a reasonable timeframe at fair market value, the $1,302,000 to $1,473,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in TIMBERLINE TERRACE. This home's smaller footprint (116 sqft vs the comp average) plays a role in how the market prices it. At 0.44 acres, the lot is larger than the 0.38 acre comp average, which factors into pricing. With 3 similar homes currently listed in TIMBERLINE TERRACE (a buyer's market), competition is a factor to consider. In 78746, home values have risen approximately 2.2% over the past 6 months. One of the strongest data points is 5007 Rollingwood DR, Rollingwood TX 78746, adjusting to $1,473,016; with a smaller floor plan. 3 comparable transactions in TIMBERLINE TERRACE 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