5101 High Canyon PASS, Austin TX 78738

After reviewing 6 recent transactions in HOMESTEAD, I estimate this property's value at $979,512. A competitive list price for this home right now would fall in the $454,000 to $464,000 range. This would position the home competitively among 4 active listings in HOMESTEAD. The larger lot (2.05 acres versus the area average of 1.70) contributes to the valuation. 4 similar homes are currently available in HOMESTEAD, creating a seller's market for this price range. Prices in HOMESTEAD have risen 3.8% over the last 6 months. A similar home at 13601 Lone Rider TRL, Austin TX 78738 carries an adjusted comparable value of $979,365, providing a strong data point. With 6 comparable sales in HOMESTEAD, 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