6402 Wolfcreek PASS, Austin TX 78749

Reviewing the most recent comparable transactions, this home's market value falls around $908,257. For a well positioned listing in CONVICT HILL, I'd target the $477,000 to $487,000 range. With 3 comparable homes on the market in CONVICT HILL, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1983 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.67 acres, the lot is larger than the 0.50 acre comp average, which factors into pricing. With 3 similar homes currently listed in CONVICT HILL (a balanced market), competition is a factor to consider. Recent trends in 78749 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 6310 Latigo PASS, Austin TX 78749, with an adjusted value of $929,298; with a smaller floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group