5800 Courtyard DR # 5, Austin TX 78731

After reviewing 4 recent transactions in VILLAS COURTYARD, I estimate this property's value at $536,600. A competitive list price for this home right now would fall in the $416,000 to $426,000 range. This home's position in the current VILLAS COURTYARD market: the 2nd most expensive of 6 comparable homes on the market among comparable properties. At 12 years newer than typical comps, the 1999 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 6 comparable homes in VILLAS COURTYARD; a balanced market based on recent absorption. Prices in 78731 have risen 10.3% over the last 6 months. A similar home at 5608 Parade RDG, Austin TX 78731 carries an adjusted comparable value of $589,581, providing a strong data point. With 4 comparable sales in VILLAS COURTYARD, 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