8518 Fathom CIR # 115, Austin TX 78750

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $585,980. I'd recommend coming to market at $389,000 to $399,000 to strike the right balance between value and market velocity. In the current OAK SHADOWS CONDOMINIUM market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 2017, this home is 27 years newer than the average comp, which is reflected in the adjustments. The 0.02 acre lot (smaller than the 0.25 acre average) is reflected in the estimate. 7 similar homes are currently available in OAK SHADOWS CONDOMINIUM, creating a balanced market for this price range. The trend in 78750 shows prices have fallen 13% in the past 6 months. 10703 Callanish Park DR, Austin TX 78750 nearby adjusts to $752,004; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group