1808 Sarong WAY, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $442,531. For a well positioned listing in LAURELWOOD ESTATES, I'd target the $429,000 to $456,000 range. Against 7 similar active listings in LAURELWOOD ESTATES, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 222 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.00 acres, the lot is smaller than the 0.12 acre comp average, which factors into pricing. With 7 similar homes currently listed in LAURELWOOD ESTATES (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 8925 Frock CT, Austin TX 78748, with an adjusted value of $450,929; with a smaller floor plan. The 4 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group