The estimated value of this property is $1,632,541, based on 3 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,432,000 and $1,442,000. Among the similar homes currently available in SHEPHERD MOUNTAIN, this price point stands out as competitive. The 236 sqft size difference versus comparable sales is reflected in the adjusted values. The 0.58 acre lot (larger than the 0.36 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in SHEPHERD MOUNTAIN, listed between $1,299,000 and $4,250,000. Recent trends in 78730 show home values have fallen 6.9% since 6 months ago. The most comparable recent sale is 6600 W Courtyard DR, Austin TX 78730, with an adjusted value of $1,582,889; with a smaller floor plan. Based on 3 relevant data points in SHEPHERD MOUNTAIN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX
