5100 High Canyon PASS, Austin TX 78738

The estimated value of this property is $1,293,123, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $772,000 and $782,000. Against 7 similar active listings in HOMESTEAD, this price point lands at the 2nd most expensive of 7 comparable homes on the market. The 1.99 acre lot (larger than the 1.62 acre average) is reflected in the estimate. With 7 similar homes currently listed in HOMESTEAD (a balanced market), competition is a factor to consider. Recent trends in HOMESTEAD show home values have risen 10.8% since 6 months ago. The most comparable recent sale is 13512 Byrds Nest DR, Austin TX 78738, with an adjusted value of $1,262,622; 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