11235 Mesa Verde DR, Austin TX 78737

Based on 7 closed sales in 78737, the data points to a value around $870,446 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $898,000 to $917,000. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78737's current inventory. The 196 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2019 (5 years newer than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in 78737, listed between $825,000 and $1,320,000. Market data shows 78737 prices risen 3.8% over the last half year. The closest comparable sale, 685 Naples LN, Austin TX 78737 at an adjusted $916,764, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78737. 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