728 Lakewood Hills TER, Austin TX 78732

The market data from 7 similar recent sales in STEINER RANCH points to a value of approximately $1,096,514. To sell within a reasonable timeframe at fair market value, the $1,185,000 to $1,199,000 range is where I'd position this. In the current STEINER RANCH market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. At 0.39 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in STEINER RANCH; a balanced market based on recent absorption. In STEINER RANCH, home values have risen approximately 2.4% over the past 6 months. One of the strongest data points is 12201 Capella TRL, Austin TX 78732, adjusting to $856,163; a strong comparable. 7 comparable transactions in STEINER RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group