9806 Nightjar DR, Austin TX 78748

The market data from 7 similar recent sales in TANGLEWOOD FOREST points to a value of approximately $524,474. To sell within a reasonable timeframe at fair market value, the $579,000 to $580,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 4 comparable homes on the market comparable homes currently on the market in TANGLEWOOD FOREST. At 238 sqft larger than the typical comp, the size difference factors into the valuation. The 1992 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in TANGLEWOOD FOREST; a balanced market based on recent absorption. In TANGLEWOOD FOREST, home values have fallen approximately 16.4% over the past 6 months. One of the strongest data points is 9707 Nightjar DR, Austin TX 78748, adjusting to $460,458; 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