12012 Bobcat TRL, Austin TX 78750

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $398,656. Pricing this home between $425,000 and $432,000 would put it in the competitive sweet spot for 78750. Relative to what's currently available in 78750, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 3 comparable homes in 78750; a balanced market based on recent absorption. Market data shows 78750 prices fallen 8.2% over the last half year. The closest comparable sale, 11619 Birchbark TRL, Austin TX 78750 at an adjusted $361,925, is a strong comparable. The comp data here (7 sales in 78750) 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