Based on 4 closed sales in COURTYARD, the data points to a value around $530,082 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $612,000 to $613,000. Buyers shopping in COURTYARD right now would see this as a well positioned option among 5 comparable homes. Being 113 sqft smaller than the average comparable sale in this area impacts the per square foot value. The active market in COURTYARD includes 5 comparable homes priced from $435,000 to $1,188,888. Market data shows COURTYARD prices risen 62% over the last half year. The closest comparable sale, 5613 Muster CT, Austin TX 78731 at an adjusted $469,875, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in COURTYARD. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group