5300 Kite Tail DR, Austin TX 78730

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,003,336. I'd recommend coming to market at $1,005,000 to $1,010,000 to strike the right balance between value and market velocity. With 6 comparable homes on the market in RIVER PLACE, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The 251 sqft size difference versus comparable sales is reflected in the adjusted values. With 6 similar homes currently listed in RIVER PLACE (a buyer's market), competition is a factor to consider. The trend in RIVER PLACE shows prices have risen 21.2% in the past 6 months. 5100 Hadle CV, Austin TX 78730 nearby adjusts to $943,310; a strong comparable. Based on 7 relevant data points in RIVER PLACE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX