1101 Shoal Creek BLVD # 8, Austin TX 78701

After reviewing 7 recent transactions in TERRACE, I estimate this property's value at $819,612. A competitive list price for this home right now would fall in the $461,000 to $471,000 range. This would position the home competitively among 3 active listings in TERRACE. At 27 years older than typical comps, the 1961 build date influences the valuation. The active market in TERRACE includes 3 comparable homes priced from $419,000 to $675,000. Prices in 78701 have fallen 19.9% over the last 6 months. A similar home at 1101 Shoal Creek BLVD # 2, Austin TX 78701 carries an adjusted comparable value of $485,000, providing a strong data point. The comp data here (7 sales in TERRACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus