5404 Courtyard DR, Austin TX 78731

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $645,558. I'd recommend coming to market at $533,000 to $543,000 to strike the right balance between value and market velocity. In the current COURTYARD market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (266 sqft vs the comp average) plays a role in how the market prices it. Built in 1995, this home is 11 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in COURTYARD (a balanced market), competition is a factor to consider. The trend in COURTYARD shows prices have risen 62% in the past 6 months. 5622 Parade RDG, Austin TX 78731 nearby adjusts to $619,232; with a smaller floor plan. Based on 3 relevant data points in COURTYARD, 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