6503 Back Bay LN, Austin TX 78739

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $928,648. I'd recommend coming to market at $1,077,000 to $1,205,000 to strike the right balance between value and market velocity. In the current CIRCLE C RANCH market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. At 517 sqft larger than the typical comp, the size difference factors into the valuation. The 0.17 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in CIRCLE C RANCH, listed between $1,050,000 and $2,850,000. The trend in CIRCLE C RANCH shows prices have fallen 3.1% in the past 6 months. 11002 Pebble Garden LN, Austin TX 78739 nearby adjusts to $923,943; with a larger floor plan and a pool. Based on 6 relevant data points in CIRCLE C RANCH, 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