11409 Arroyo Blanco, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $857,413. To generate strong buyer interest while maximizing value, I'd price this between $746,000 and $756,000. With 7 comparable homes on the market in 78748, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 2008 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.55 acres, the lot is larger than the 0.31 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78748 (a balanced market), competition is a factor to consider. The trend in 78748 shows prices have fallen 4.7% in the past 6 months. 11508 Arroyo Blanco DR, Austin TX 78748 nearby adjusts to $864,842; with a pool. 3 comparable transactions in 78748 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group