5600 Palisade CT, Austin TX 78731

The market data from 6 similar recent sales in CLIFF OVER LAKE AUSTIN points to a value of approximately $1,504,618. To sell within a reasonable timeframe at fair market value, the $1,276,000 to $1,286,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in CLIFF OVER LAKE AUSTIN. At 0.46 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. With 7 similar homes currently listed in CLIFF OVER LAKE AUSTIN (a buyer's market), competition is a factor to consider. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 3923 Glengarry DR, Austin TX 78731, adjusting to $1,776,387; with a smaller floor plan. 6 comparable transactions in CLIFF OVER LAKE AUSTIN 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