217 Stoney Point RD, Austin TX 78737

The market data from 7 similar recent sales in 78737 points to a value of approximately $1,033,046. To sell within a reasonable timeframe at fair market value, the $993,000 to $1,167,000 range is where I'd position this. In the current 78737 market with 2 similar homes available, this price represents the most expensive of 2 comparable homes on the market. The larger floor plan (553 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.35 acres, the lot is smaller than the 1.32 acre comp average, which factors into pricing. Current inventory shows 2 comparable homes in 78737; a balanced market based on recent absorption. In 78737, home values have risen approximately 7% over the past 6 months. One of the strongest data points is 370 Ledge Stone DR, Austin TX 78737, adjusting to $778,728; with a smaller floor plan. 7 comparable transactions in 78737 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