5505 Mulberry Mist CT, Austin TX 78744

The estimated value of this property is $369,500, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $409,000 and $417,000. Against 4 similar active listings in ARBOR RIDGE CONDO, this price point lands at the 2nd most expensive of 4 comparable homes on the market. The larger floor plan (282 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2013, this home is 15 years newer than the average comp, which is reflected in the adjustments. The active market in ARBOR RIDGE CONDO includes 4 comparable homes priced from $325,000 to $385,000. Recent trends in 78744 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 5417 Falling Leaf LN, Austin TX 78744, with an adjusted value of $338,468; with a smaller floor plan. Based on 7 relevant data points in ARBOR RIDGE CONDO, 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