6109 CHARIS CT, Austin TX 78735

Based on 5 closed sales in GAINES RANCH, the data points to a value around $2,612,467 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,029,000 to $1,039,000. Relative to what's currently available in GAINES RANCH, this home would be the 2nd least expensive of 5 comparable homes on the market. The 456 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2007 (5 years newer than comps) is factored into the value estimate. 5 similar homes are currently available in GAINES RANCH, creating a buyer's market for this price range. Market data shows 78735 prices fallen 8% over the last half year. The closest comparable sale, 8605 Mendocino DR, Austin TX 78735 at an adjusted $3,319,557, is with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in GAINES RANCH. 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