8414 Alabama DR, Austin TX 78745

The market data from 6 similar recent sales in SHILOH points to a value of approximately $517,600. To sell within a reasonable timeframe at fair market value, the $434,000 to $444,000 range is where I'd position this. Against 6 similar active listings in SHILOH, this price point lands at the 2nd most expensive of 6 comparable homes on the market. The 253 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.16 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. With 6 similar homes currently listed in SHILOH (a seller's market), competition is a factor to consider. In SHILOH, home values have fallen approximately 3.7% over the past 6 months. One of the strongest data points is 2701 Calabash CV, Austin TX 78745, adjusting to $532,105; with a larger floor plan. The 6 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