2407 W 8th ST, Austin TX 78703

Reviewing the most recent comparable transactions, this home's market value falls around $931,839. For a well positioned listing in TIMBERLAKE, I'd target the $774,000 to $784,000 range. Against 5 similar active listings in TIMBERLAKE, this price point lands at the 2nd least expensive of 5 comparable homes on the market. At 130 sqft smaller than the typical comp, the size difference factors into the valuation. The active market in TIMBERLAKE includes 5 comparable homes priced from $815,000 to $1,275,000. Recent trends in 78703 show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 3310 Enfield RD, Austin TX 78703, with an adjusted value of $950,774; a strong comparable. 6 comparable transactions in TIMBERLAKE 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