9900 Cerro Alto CV, Austin TX 78733

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $739,497. I'd recommend coming to market at $530,000 to $540,000 to strike the right balance between value and market velocity. At this price, the property would be below the only comparable home currently on the market comparable homes currently on the market in CAPITOL RIDGE. Being 272 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 1983, this home is 5 years newer than the average comp, which is reflected in the adjustments. The active market in CAPITOL RIDGE includes 1 comparable homes priced from $475,000 to $475,000. The trend in 78733 shows prices have risen 12.3% in the past 6 months. 603 N Cuernavaca DR # 2001, Austin TX 78733 nearby adjusts to $483,645; a strong comparable. Based on 7 relevant data points in CAPITOL RIDGE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX