8600 Kimono Ridge DR, Austin TX 78748

The market data from 7 similar recent sales in LAURELWOOD ESTATES points to a value of approximately $602,291. To sell within a reasonable timeframe at fair market value, the $590,000 to $614,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in LAURELWOOD ESTATES. The larger floor plan (276 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2000 construction puts this home 5 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in LAURELWOOD ESTATES (a balanced market), competition is a factor to consider. In LAURELWOOD ESTATES, home values have risen approximately 3.5% over the past 6 months. One of the strongest data points is 7715 Huddleston LN, Austin TX 78745, adjusting to $554,756; with a larger floor plan. 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