7822 Elkhorn Mountain TRL, Austin TX 78729

The market data from 7 similar recent sales in HUNTERS CHASE points to a value of approximately $483,526. To sell within a reasonable timeframe at fair market value, the $526,000 to $553,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in HUNTERS CHASE. The 1992 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Right now, 4 similar properties are competing for buyers in HUNTERS CHASE, listed between $475,000 and $690,000. In HUNTERS CHASE, home values have fallen approximately 6.5% over the past 6 months. One of the strongest data points is 8005 Tantara CT, Austin TX 78729, adjusting to $423,650; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group