9822 Wier Loop CIR, Austin TX 78736

The estimated value of this property is $746,699, based on 4 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $340,000 and $350,000. Against 3 similar active listings in TRAVIS SOUTHWEST, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 372 sqft size difference versus comparable sales is reflected in the adjusted values. The 2.50 acre lot (larger than the 2.09 acre average) is reflected in the estimate. Current inventory shows 3 comparable homes in TRAVIS SOUTHWEST; a balanced market based on recent absorption. Recent trends in 78736 show home values have fallen 18.9% since 6 months ago. The most comparable recent sale is 9919 Ledgestone TER, Austin TX 78737, with an adjusted value of $770,928; 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