6601 W Courtyard DR, Austin TX 78730

The market data from 5 similar recent sales in SHEPHERD MOUNTAIN points to a value of approximately $1,668,296. To sell within a reasonable timeframe at fair market value, the $2,088,000 to $2,094,000 range is where I'd position this. With 7 comparable homes on the market in SHEPHERD MOUNTAIN, this price positions the property as the most affordable of 7 comparable homes on the market. The pool is a differentiator here, since 1 of 5 comparable sales didn't include one. At 0.60 acres, the lot is larger than the 0.40 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SHEPHERD MOUNTAIN; a buyer's market based on recent absorption. In 78730, home values have risen approximately 6.4% over the past 6 months. One of the strongest data points is 5525 CITY PARK RD # 6, Austin TX 78730, adjusting to $1,641,751; a strong comparable. 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