5521 Raphael CV, Austin TX 78747

My analysis of 7 comparable properties puts this home's estimated value at $439,517. Based on how the local market is moving, a list price between $457,000 and $503,000 would position this home well. Buyers shopping in CLOVERLEAF right now would see this as a well positioned option among 4 comparable homes. The larger lot (0.27 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 4 comparable homes in CLOVERLEAF; a buyer's market based on recent absorption. The 6 month price trend in CLOVERLEAF: fallen 1.6%. The best comp here is 11000 Players PATH, Austin TX 78747 at an adjusted value of $407,606, a strong comparable. With 7 comparable sales in CLOVERLEAF, 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