1511 Buffalo Gap RD, Austin TX 78734

After reviewing 4 recent transactions in BUFFALO GAP, I estimate this property's value at $1,058,459. A competitive list price for this home right now would fall in the $527,000 to $537,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in BUFFALO GAP's current inventory. At 8 years older than typical comps, the 1976 build date influences the valuation. The larger lot (0.92 acres versus the area average of 0.62) contributes to the valuation. The active market in BUFFALO GAP includes 7 comparable homes priced from $485,000 to $2,990,000. Prices in 78734 have fallen 6.8% over the last 6 months. A similar home at 16443 Lake Loop DR, Austin TX 78734 carries an adjusted comparable value of $1,051,172, providing a strong data point. With 4 comparable sales in BUFFALO GAP, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group