2007 Trail Of The Madrones, Austin TX 78746

After reviewing 7 recent transactions in WESTLAKE MADRONES, I estimate this property's value at $2,163,161. A competitive list price for this home right now would fall in the $1,056,000 to $1,066,000 range. This home's position in the current WESTLAKE MADRONES market: the most expensive of 3 comparable homes on the market among comparable properties. At 36 years newer than typical comps, the 2017 build date influences the valuation. The smaller lot (0.37 acres versus the area average of 0.69) contributes to the valuation. Buyers in WESTLAKE MADRONES have 3 comparable options right now, with asking prices between $995,000 and $1,499,000. Prices in 78746 have risen 8.7% over the last 6 months. A similar home at 2009 S Oak Canyon RD, Austin TX 78746 carries an adjusted comparable value of $1,438,658, providing a strong data point. The comp data here (7 sales in WESTLAKE MADRONES) 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