5600 Montview ST, Austin TX 78756

Reviewing the most recent comparable transactions, this home's market value falls around $1,001,915. For a well positioned listing in SHOALMONT, I'd target the $982,000 to $1,022,000 range. With 7 comparable homes on the market in SHOALMONT, this price positions the property as the most expensive of 7 comparable homes on the market. At 189 sqft smaller than the typical comp, the size difference factors into the valuation. The 1956 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in SHOALMONT; a seller's market based on recent absorption. Recent trends in SHOALMONT show home values have risen 7.6% since 6 months ago. The most comparable recent sale is 4927 Strass DR, Austin TX 78731, with an adjusted value of $807,226; a strong comparable. 5 comparable transactions in SHOALMONT 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