My analysis of 3 comparable properties puts this home's estimated value at $189,925. Based on how the local market is moving, a list price between $152,000 and $162,000 would position this home well. Buyers shopping in SHADOW OAKS TWNHMS right now would see this as a well positioned option among 4 comparable homes. At 10 years older than typical comps, the 1969 build date influences the valuation. There are currently 4 similar homes on the market in SHADOW OAKS TWNHMS, ranging from $169,800 to $219,000. The 6 month price trend in 78731: fallen 15.3%. The best comp here is 6910 Hart LN # 312, Austin TX 78731 at an adjusted value of $173,081, a strong comparable. With 3 comparable sales in SHADOW OAKS TWNHMS, 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