16023 DARK LN, Austin TX 78717

Based on 7 closed sales in 78717, the data points to a value around $785,393 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $876,000 to $898,000. This home's position in the current 78717 market: the 3rd most expensive of 5 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.25 for the typical comp. Current inventory shows 5 comparable homes in 78717; a buyer's market based on recent absorption. Market data shows 78717 prices fallen 5.2% over the last half year. The closest comparable sale, 9201 Cessna LN, Austin TX 78717 at an adjusted $750,888, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78717. 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