2304 Sully Creek DR, Austin TX 78748

Based on 4 closed sales in 78748, the data points to a value around $590,588 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $501,000 to $511,000. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78748's current inventory. This home's larger footprint (289 sqft vs the comp average) plays a role in how the market prices it. Being built in 2011 (7 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in 78748, creating a balanced market for this price range. Market data shows 78748 prices fallen 3% over the last half year. The closest comparable sale, 2600 Winding Brook DR, Austin TX 78748 at an adjusted $626,968, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in 78748. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group