5605 York Bridge CIR, Austin TX 78749

The market data from 5 similar recent sales in CIRCLE C RANCH points to a value of approximately $613,575. To sell within a reasonable timeframe at fair market value, the $396,000 to $406,000 range is where I'd position this. Against 5 similar active listings in CIRCLE C RANCH, this price point lands at the most expensive of 5 comparable homes on the market. The 2005 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.21 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in CIRCLE C RANCH; a seller's market based on recent absorption. In CIRCLE C RANCH, home values have fallen approximately 1.8% over the past 6 months. One of the strongest data points is 10318 Broomflower DR, Austin TX 78739, adjusting to $650,025; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group