7005 Brook Valley CIR, Austin TX 78724

My analysis of 5 comparable properties puts this home's estimated value at $412,561. Based on how the local market is moving, a list price between $509,000 and $530,000 would position this home well. This home's position in the current LAS CIMAS market: the most affordable of 7 comparable homes on the market among comparable properties. The larger floor plan (157 sqft compared to the average comp) is a meaningful differentiator in this price range. The larger lot (0.37 acres versus the area average of 0.26) contributes to the valuation. With 7 similar homes currently listed in LAS CIMAS (a buyer's market), competition is a factor to consider. The 6 month price trend in 78724: risen 3.8%. The best comp here is 5702 Purple Sage DR, Austin TX 78724 at an adjusted value of $371,252, with a larger floor plan. With 5 comparable sales in LAS CIMAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group