5601 Courtyard CV, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $448,024. For a well positioned listing in COURTYARD, I'd target the $435,000 to $461,000 range. With 3 comparable homes on the market in COURTYARD, this price positions the property as the most affordable of 3 comparable homes on the market. The larger floor plan (195 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.14 acres, the lot is larger than the 0.10 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in COURTYARD; a buyer's market based on recent absorption. Recent trends in COURTYARD show home values have fallen 31.1% since 6 months ago. The most comparable recent sale is 5608 Parade RDG, Austin TX 78731, with an adjusted value of $637,838; with a smaller floor plan. 6 comparable transactions in COURTYARD 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