5505 Shoal Creek BLVD, Austin TX 78756

The market data from 5 similar recent sales in SHOALMONT points to a value of approximately $836,176. To sell within a reasonable timeframe at fair market value, the $389,000 to $399,000 range is where I'd position this. With 6 comparable homes on the market in SHOALMONT, this price positions the property as the most expensive of 6 comparable homes on the market. The 232 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.27 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in SHOALMONT, listed between $415,000 and $899,900. In SHOALMONT, home values have risen approximately 21.4% over the past 6 months. One of the strongest data points is 2616 W 49th ST, Austin TX 78731, adjusting to $858,227; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group