5513 CUESTA VERDE, Austin TX 78746

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $3,530,953. I'd recommend coming to market at $3,460,000 to $3,602,000 to strike the right balance between value and market velocity. In the current FAIRWAY OAKS market with 5 similar homes available, this price represents the most affordable of 5 comparable homes on the market. The larger floor plan (293 sqft compared to the average comp) is a meaningful differentiator in this price range. The 1.25 acre lot (larger than the 1.06 acre average) is reflected in the estimate. Right now, 5 similar properties are competing for buyers in FAIRWAY OAKS, listed between $4,350,000 and $8,900,000. The trend in 78746 shows prices have fallen 11.1% in the past 6 months. 5101 Cuesta Verde RD, Austin TX 78746 nearby adjusts to $4,801,407; with a smaller floor plan. Based on 5 relevant data points in FAIRWAY OAKS, 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