11024 Arroyo CYN, Austin TX 78736

Based on 7 closed sales in MADRONES, the data points to a value around $1,809,959 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,167,000 to $3,318,000. This pricing would rank the home as no active comparable homes on the market in MADRONES's current inventory. The larger floor plan (6,440 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 5.33 acres versus 0.38 for the typical comp. Market data shows 78736 prices fallen 18.9% over the last half year. The closest comparable sale, 8921 Mountain Shadows CV # B, Austin TX 78735 at an adjusted $705,000, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in MADRONES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group