1500 Summit ST # 7, Austin TX 78741

The comparable sales data (7 recent transactions in 1500 SUMMIT) supports an estimated value of $1,241,077. The data suggests a list price between $829,000 and $839,000 would attract qualified buyers without leaving money on the table. This home's position in the current 1500 SUMMIT market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being built in 2008 (21 years newer than comps) is factored into the value estimate. Lot size matters here: 0.06 acres versus 0.15 for the typical comp. Current inventory shows 7 comparable homes in 1500 SUMMIT; a buyer's market based on recent absorption. Prices in 78741 have risen 5.8% over the last 6 months. A similar home at 1500 Summit ST # 4, Austin TX 78741 carries an adjusted comparable value of $850,000, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus