5503 Arroyo RD, Austin TX 78734

The estimated value of this property is $951,750, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $1,348,000 and $1,509,000. Against 7 similar active listings in TRAVIS LANDING, this price point lands at the most affordable of 7 comparable homes on the market. The 356 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a standout feature, with 2 of 4 comparable homes not offering one. With 7 similar homes currently listed in TRAVIS LANDING (a buyer's market), competition is a factor to consider. Recent trends in TRAVIS LANDING show home values have fallen 38.2% since 6 months ago. The most comparable recent sale is 5214 McCormick Mountain DR, Austin TX 78734, with an adjusted value of $1,038,723; with a smaller floor plan and no pool. With 4 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