5600 STUART CIR, Austin TX 78721

The estimated value of this property is $464,907, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $308,000 and $318,000. In the current PECAN GROVE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Built in 1974, this home is 11 years older than the average comp, which is reflected in the adjustments. The 0.15 acre lot (larger than the 0.08 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in PECAN GROVE; a buyer's market based on recent absorption. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 5401 Stuart Cir DR # 1, Austin TX 78721, with an adjusted value of $368,595; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group