5506 Courtyard DR, Austin TX 78731

The market data from 7 similar recent sales in COURTYARD THE points to a value of approximately $700,463. To sell within a reasonable timeframe at fair market value, the $562,000 to $572,000 range is where I'd position this. Against 7 similar active listings in COURTYARD THE, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 1995 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. The active market in COURTYARD THE includes 7 comparable homes priced from $549,000 to $4,725,000. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 5622 Parade RDG, Austin TX 78731, adjusting to $648,061; with a smaller floor plan. 7 comparable transactions in COURTYARD THE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group