475 Mesa DR, Del Valle TX 78617

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $407,686. I'd recommend coming to market at $343,000 to $353,000 to strike the right balance between value and market velocity. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in 78617. At 360 sqft larger than the typical comp, the size difference factors into the valuation. Built in 2004, this home is 9 years older than the average comp, which is reflected in the adjustments. 3 similar homes are currently available in 78617, creating a buyer's market for this price range. The trend in 78617 shows prices have fallen 3.9% in the past 6 months. 125 Heritage Oaks DR, Cedar Creek TX 78612 nearby adjusts to $476,256; with a pool. Based on 7 relevant data points in 78617, 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