13022 S Madrone, Austin TX 78737

Taking into account 7 nearby comparable sales, this property's estimated value comes to $816,956. If we were to list this property today, I'd recommend a list price in the $497,000 to $507,000 range. This would position the home competitively among 2 active listings in BEAR CREEK OAKS. This home's larger footprint (128 sqft vs the comp average) plays a role in how the market prices it. Being built in 1984 (8 years older than comps) is factored into the value estimate. Current inventory shows 2 comparable homes in BEAR CREEK OAKS; a balanced market based on recent absorption. The 6 month price trend in 78737: risen 2.8%. The best comp here is 8705 Bear Creek DR, Austin TX 78737 at an adjusted value of $721,354, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in BEAR CREEK OAKS. 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