5105 Shelter CV, Austin TX 78730

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,273,035. I'd recommend coming to market at $1,069,000 to $1,079,000 to strike the right balance between value and market velocity. Against 7 similar active listings in RIVER PLACE, this price point lands at the 2nd most expensive of 7 comparable homes on the market. This home's larger footprint (422 sqft vs the comp average) plays a role in how the market prices it. 7 similar homes are currently available in RIVER PLACE, creating a buyer's market for this price range. The trend in RIVER PLACE shows prices have fallen 1.6% in the past 6 months. 4004 Lob CV, Austin TX 78730 nearby adjusts to $1,503,803; with a larger floor plan and a pool. With 5 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