Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $968,756. To generate strong buyer interest while maximizing value, I'd price this between $987,000 and $1,077,000. Against 3 similar active listings in CIRCLE C RANCH, this price point lands at the most expensive of 3 comparable homes on the market. This home's larger footprint (104 sqft vs the comp average) plays a role in how the market prices it. 3 similar homes are currently available in CIRCLE C RANCH, creating a seller's market for this price range. The trend in CIRCLE C RANCH shows prices have fallen 3.1% in the past 6 months. 5315 Viamonte LN, Austin TX 78739 nearby adjusts to $1,077,255; with a smaller floor plan. 6 comparable transactions in CIRCLE C RANCH support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group