5400 Carbine CIR, Austin TX 78738

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,422,969. I'd recommend coming to market at $807,000 to $817,000 to strike the right balance between value and market velocity. Against 7 similar active listings in HOMESTEAD, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 798 sqft larger than the typical comp, the size difference factors into the valuation. The 5.67 acre lot (larger than the 1.57 acre average) is reflected in the estimate. With 7 similar homes currently listed in HOMESTEAD (a seller's market), competition is a factor to consider. The trend in HOMESTEAD shows prices have fallen 3% in the past 6 months. 13512 Byrds Nest DR, Austin TX 78738 nearby adjusts to $1,428,664; with a smaller floor plan. Based on 7 relevant data points in HOMESTEAD, 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