13003 S Madrone TRL, Austin TX 78737

After reviewing 7 recent transactions in BEAR CREEK OAKS, I estimate this property's value at $684,226. A competitive list price for this home right now would fall in the $522,000 to $532,000 range. This home's position in the current BEAR CREEK OAKS market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller floor plan (350 sqft compared to the average comp) is a meaningful differentiator in this price range. The smaller lot (2.61 acres versus the area average of 2.70) contributes to the valuation. With 2 similar homes currently listed in BEAR CREEK OAKS (a balanced market), competition is a factor to consider. Prices in 78737 have risen 6.4% over the last 6 months. A similar home at 9300 N Madrone TRL, Austin TX 78737 carries an adjusted comparable value of $724,228, providing a strong data point. The comp data here (7 sales in BEAR CREEK OAKS) 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