7200 Cielo Azul PASS, Austin TX 78732

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,179,157. I'd recommend coming to market at $1,589,000 to $1,673,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in VILLA MONTANA. The pool is a standout feature, with 3 of 7 comparable homes not offering one. The 1.00 acre lot (smaller than the 1.34 acre average) is reflected in the estimate. Current inventory shows 6 comparable homes in VILLA MONTANA; a buyer's market based on recent absorption. The trend in 78732 shows prices have risen 2.7% in the past 6 months. 8212 Denali PKWY, Austin TX 78726 nearby adjusts to $939,650; a strong comparable. With 7 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