11019 Arroyo CYN, Austin TX 78736

After reviewing 7 recent transactions in MADRONES, I estimate this property's value at $3,197,803. A competitive list price for this home right now would fall in the $1,882,000 to $1,892,000 range. This home's position in the current MADRONES market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Having a pool is a plus; 2 of the 7 comps lacked one. At 5 years older than typical comps, the 2001 build date influences the valuation. The active market in MADRONES includes 7 comparable homes priced from $1,699,000 to $4,995,000. Prices in 78736 have fallen 15.6% over the last 6 months. A similar home at 16001 Pontevedra PL, Austin TX 78738 carries an adjusted comparable value of $3,728,245, providing a strong data point. The comp data here (7 sales in MADRONES) 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