6407 Dry Cliff CV, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,396,678. I'd recommend coming to market at $952,000 to $962,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in SHINOAK VALLEY, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 199 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1.05 acre lot (larger than the 0.73 acre average) is reflected in the estimate. With 7 similar homes currently listed in SHINOAK VALLEY (a balanced market), competition is a factor to consider. The trend in SHINOAK VALLEY shows prices have fallen 30.5% in the past 6 months. 6601 Knollwood CV, Austin TX 78731 nearby adjusts to $1,284,221; with a pool. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group