18609 Madrone Vista DR, Austin TX 78738

My analysis of 3 comparable properties puts this home's estimated value at $2,713,084. Based on how the local market is moving, a list price between $1,659,000 and $1,669,000 would position this home well. Relative to what's currently available in MADRONE RANCH, this home would be the 2nd least expensive of 4 comparable homes on the market. At 381 sqft larger than the typical comp, the size difference factors into the valuation. At 12 years older than typical comps, the 2007 build date influences the valuation. There are currently 4 similar homes on the market in MADRONE RANCH, ranging from $1,800,000 to $5,875,000. The 6 month price trend in 78738: risen 7.7%. The best comp here is 18433 Flagler DR, Austin TX 78738 at an adjusted value of $3,696,585, with a larger floor plan and a pool. The comp data here (3 sales in MADRONE RANCH) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus