6500 Capriola DR, Austin TX 78745

The market data from 7 similar recent sales in COOPER OAKS points to a value of approximately $413,148. To sell within a reasonable timeframe at fair market value, the $492,000 to $497,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in COOPER OAKS. At 102 sqft larger than the typical comp, the size difference factors into the valuation. The 1979 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in COOPER OAKS; a seller's market based on recent absorption. In COOPER OAKS, home values have fallen approximately 13.3% over the past 6 months. One of the strongest data points is 1627 Chippeway LN, Austin TX 78745, adjusting to $478,137; with a smaller floor plan. The 7 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