593 Emma LOOP, Austin TX 78737

The estimated value of this property is $865,686, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $752,000 and $762,000. With 2 comparable homes on the market in REUNION RANCH SEC TWO, this price positions the property as the most expensive of 2 comparable homes on the market. The larger floor plan (139 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.38 acre lot (larger than the 0.31 acre average) is reflected in the estimate. Current inventory shows 2 comparable homes in REUNION RANCH SEC TWO; a balanced market based on recent absorption. Recent trends in 78737 show home values have risen 1.3% since 6 months ago. The most comparable recent sale is 148 Jayne CV, Austin TX 78737, with an adjusted value of $977,503; with a smaller floor plan. Based on 4 relevant data points in REUNION RANCH SEC TWO, 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