200 E Archipelago TRL W, Austin TX 78717

The market data from 4 similar recent sales in 78717 points to a value of approximately $495,665. To sell within a reasonable timeframe at fair market value, the $427,000 to $437,000 range is where I'd position this. In the current 78717 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 2012 construction puts this home 7 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in 78717 (a buyer's market), competition is a factor to consider. In 78717, home values have fallen approximately 0.4% over the past 6 months. One of the strongest data points is 16633 Ennis TRL, Austin TX 78717, adjusting to $393,623; a strong comparable. 4 comparable transactions in 78717 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group