5504 COURTYARD DR, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $714,475. Based on how the local market is moving, a list price between $562,000 and $572,000 would position this home well. This home's position in the current COURTYARD market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 109 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.09 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in COURTYARD; a balanced market based on recent absorption. The 6 month price trend in COURTYARD: risen 28.1%. The best comp here is 5622 Parade RDG, Austin TX 78731 at an adjusted value of $648,268, with a smaller floor plan. With 7 comparable sales in COURTYARD, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group