6318 Ledge Mountain DR, Austin TX 78731

The estimated value of this property is $1,746,047, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,222,000 and $1,232,000. With 7 comparable homes on the market in 78731, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. The pool is a standout feature, with 4 of 7 comparable homes not offering one. Built in 1999, this home is 9 years newer than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78731, ranging from $1,170,000 to $3,399,900. Recent trends in 78731 show home values have fallen 16.3% since 6 months ago. The most comparable recent sale is 6717 Valburn DR, Austin TX 78731, with an adjusted value of $2,184,938; with no pool. Based on 7 relevant data points in 78731, 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