8301 Alabama DR, Austin TX 78745

The market data from 7 similar recent sales in SHILOH points to a value of approximately $573,802. To sell within a reasonable timeframe at fair market value, the $442,000 to $452,000 range is where I'd position this. With 3 comparable homes on the market in SHILOH, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The pool is a differentiator here, since 7 of 7 comparable sales didn't include one. At 0.34 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. With 3 similar homes currently listed in SHILOH (a seller's market), competition is a factor to consider. In SHILOH, home values have fallen approximately 5.2% over the past 6 months. One of the strongest data points is 8300 Dixon DR, Austin TX 78745, adjusting to $412,069; with no pool. 7 comparable transactions in SHILOH 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