5217 MCCORMICK MOUNTAIN DR, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,182,869. I'd recommend coming to market at $720,000 to $730,000 to strike the right balance between value and market velocity. In the current TRAVIS LANDING market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (686 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.24 acre lot (smaller than the 1.55 acre average) is reflected in the estimate. Buyers in TRAVIS LANDING have 7 comparable options right now, with asking prices between $750,000 and $2,499,000. The trend in TRAVIS LANDING shows prices have fallen 23.6% in the past 6 months. 208 PALAZZA ALTO DR, Austin TX 78734 nearby adjusts to $1,681,903; with a pool. With 7 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