16100 Monks Mountain DR, Austin TX 78734

My analysis of 7 comparable properties puts this home's estimated value at $404,660. Based on how the local market is moving, a list price between $215,000 and $225,000 would position this home well. This pricing would rank the home as the most expensive of 2 comparable homes on the market in BUFFALO GAP's current inventory. Being 1,553 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 19 years older than typical comps, the 1972 build date influences the valuation. Current inventory shows 2 comparable homes in BUFFALO GAP; a buyer's market based on recent absorption. The 6 month price trend in 78734: risen 7.7%. The best comp here is 5506 LONGHORN LNDG, Austin TX 78734 at an adjusted value of $241,952, with a larger floor plan. With 7 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