6508 SHADOW VALLEY DR, Austin TX 78731

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $1,139,600. I'd recommend coming to market at $1,225,000 to $1,237,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in NORTHWEST HILLS, this price positions the property as the most affordable of 3 comparable homes on the market. This home's smaller footprint (167 sqft vs the comp average) plays a role in how the market prices it. The 0.21 acre lot (smaller than the 0.27 acre average) is reflected in the estimate. Buyers in NORTHWEST HILLS have 3 comparable options right now, with asking prices between $1,200,000 and $1,283,000. The trend in NORTHWEST HILLS shows prices have fallen 0.1% in the past 6 months. 3924 Sierra DR, Austin TX 78731 nearby adjusts to $1,095,607; with a larger floor plan and a pool. With 4 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