8612 Kimono Ridge DR, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $505,049. I'd recommend coming to market at $417,000 to $427,000 to strike the right balance between value and market velocity. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in LAURELWOOD ESTATES. The larger floor plan (270 sqft compared to the average comp) is a meaningful differentiator in this price range. With 7 similar homes currently listed in LAURELWOOD ESTATES (a balanced market), competition is a factor to consider. The trend in 78748 shows prices have fallen 3.5% in the past 6 months. 1400 Tetbury LN, Austin TX 78748 nearby adjusts to $500,213; with a smaller floor plan. With 4 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