11205 Persimmon Gap DR, Austin TX 78717

After reviewing 7 recent transactions in 78717, I estimate this property's value at $437,208. A competitive list price for this home right now would fall in the $375,000 to $385,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in 78717's current inventory. The smaller lot (0.00 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 7 comparable homes in 78717; a balanced market based on recent absorption. Prices in 78717 have risen 5.2% over the last 6 months. A similar home at 11012 Shallow Water RD, Austin TX 78717 carries an adjusted comparable value of $410,316, providing a strong data point. With 7 comparable sales in 78717, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group