9101 Hopeland DR, Austin TX 78749

The estimated value of this property is $1,002,212, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $791,000 and $801,000. In the current CIRCLE C RANCH market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 154 sqft larger than the typical comp, the size difference factors into the valuation. The 0.40 acre lot (larger than the 0.23 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in CIRCLE C RANCH; a seller's market based on recent absorption. Recent trends in CIRCLE C RANCH show home values have fallen 1.6% since 6 months ago. The most comparable recent sale is 6601 Needham LN, Austin TX 78739, with an adjusted value of $923,655; with a smaller floor plan. 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