1608 Buffalo Gap RD, Austin TX 78734

The estimated value of this property is $716,116, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $960,000 and $970,000. Against 7 similar active listings in 78734, this price point lands at the most affordable of 7 comparable homes on the market. The pool is a standout feature, with 7 of 7 comparable homes not offering one. The 1.58 acre lot (larger than the 0.27 acre average) is reflected in the estimate. With 7 similar homes currently listed in 78734 (a buyer's market), competition is a factor to consider. Recent trends in 78734 show home values have fallen 10.7% since 6 months ago. The most comparable recent sale is 804 San Remo BLVD # 26B, Lakeway TX 78734, with an adjusted value of $558,037; with a smaller floor plan and no pool. Based on 7 relevant data points in 78734, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX