5207 Mccormick Mountain DR, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $572,765. For a well positioned listing in TRAVIS LANDING, I'd target the $492,000 to $502,000 range. With 7 comparable homes on the market in TRAVIS LANDING, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 3 of 3 comparable sales didn't include one. At 0.46 acres, the lot is larger than the 0.42 acre comp average, which factors into pricing. 7 similar homes are currently available in TRAVIS LANDING, creating a buyer's market for this price range. Recent trends in TRAVIS LANDING show home values have fallen 27.8% since 6 months ago. The most comparable recent sale is 5606 Longhorn LNDG, Austin TX 78734, with an adjusted value of $623,948; with a larger floor plan and no pool. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group