5601 Palisade CT, Austin TX 78731

After reviewing 7 recent transactions in CLIFF OVER LAKE AUSTIN, I estimate this property's value at $1,081,094. A competitive list price for this home right now would fall in the $1,343,000 to $1,377,000 range. This would position the home competitively among 7 active listings in CLIFF OVER LAKE AUSTIN. The larger floor plan (154 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.94 acres versus the area average of 0.20) contributes to the valuation. Right now, 7 similar properties are competing for buyers in CLIFF OVER LAKE AUSTIN, listed between $1,000,000 and $7,775,000. Prices in 78731 have fallen 15.8% over the last 6 months. A similar home at 4822 Twin Valley DR, Austin TX 78731 carries an adjusted comparable value of $1,149,179, providing a strong data point. With 7 comparable sales in CLIFF OVER LAKE AUSTIN, 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