7406 Shadow Hill DR # 104, Austin TX 78731

Based on 3 closed sales in SHADOW OAKS TWNHMS, the data points to a value around $189,925 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $152,000 to $162,000. This home's position in the current SHADOW OAKS TWNHMS market: the most expensive of 4 comparable homes on the market among comparable properties. Being built in 1969 (10 years older than comps) is factored into the value estimate. With 4 similar homes currently listed in SHADOW OAKS TWNHMS (a buyer's market), competition is a factor to consider. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 6910 Hart LN # 312, Austin TX 78731 at an adjusted $173,081, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in SHADOW OAKS TWNHMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group