The estimated value of this property is $581,287, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $508,000 and $518,000. In the current CIRCLE C RANCH market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. At 116 sqft smaller than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 5 of 6 comparable homes not offering one. The active market in CIRCLE C RANCH includes 6 comparable homes priced from $499,000 to $625,000. Recent trends in CIRCLE C RANCH show home values have fallen 3.1% since 6 months ago. The most comparable recent sale is 9127 Edwardson LN, Austin TX 78749, with an adjusted value of $622,778; with no pool. With 6 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