6002 Ottenhome DR, Austin TX 78738

The market data from 4 similar recent sales in HOMESTEAD points to a value of approximately $1,062,657. To sell within a reasonable timeframe at fair market value, the $637,000 to $647,000 range is where I'd position this. With 7 comparable homes on the market in HOMESTEAD, this price positions the property as the most expensive of 7 comparable homes on the market. At 1.48 acres, the lot is larger than the 1.43 acre comp average, which factors into pricing. Buyers in HOMESTEAD have 7 comparable options right now, with asking prices between $600,000 and $1,099,000. In HOMESTEAD, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 5111 Great Divide DR, Bee Cave TX 78738, adjusting to $1,077,696; with a larger floor plan. 4 comparable transactions in HOMESTEAD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group