2405 Towbridge CIR, Austin TX 78723

Based on 7 closed sales in DEVONSHIRE, the data points to a value around $404,206 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $294,000 to $304,000. Relative to what's currently available in DEVONSHIRE, this home would be the 3rd most expensive of 7 comparable homes on the market. Being built in 2009 (45 years newer than comps) is factored into the value estimate. Lot size matters here: 0.14 acres versus 0.19 for the typical comp. Current inventory shows 7 comparable homes in DEVONSHIRE; a buyer's market based on recent absorption. Market data shows 78723 prices fallen 10.8% over the last half year. The closest comparable sale, 6100 DEVONSHIRE CV, Austin TX 78723 at an adjusted $406,344, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus