1417 Braided Rope DR, Austin TX 78727

My analysis of 7 comparable properties puts this home's estimated value at $601,756. Based on how the local market is moving, a list price between $627,000 and $633,000 would position this home well. Relative to what's currently available in 78727, this home would be the most expensive of 3 comparable homes on the market. Being 280 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.23 acres versus the area average of 0.19) contributes to the valuation. With 3 similar homes currently listed in 78727 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78727: fallen 8%. The best comp here is 1427 Dapplegrey LN, Austin TX 78727 at an adjusted value of $633,468, with a smaller floor plan. The comp data here (7 sales in 78727) 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