301 Monarch LN, Austin TX 78737

After reviewing 7 recent transactions in 78737, I estimate this property's value at $785,626. A competitive list price for this home right now would fall in the $822,000 to $830,000 range. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78737's current inventory. At 5 years older than typical comps, the 2004 build date influences the valuation. The larger lot (0.46 acres versus the area average of 0.30) contributes to the valuation. The active market in 78737 includes 7 comparable homes priced from $649,000 to $1,200,000. Prices in 78737 have risen 1.3% over the last 6 months. A similar home at 170 Brighton LN, Austin TX 78737 carries an adjusted comparable value of $841,082, providing a strong data point. The comp data here (7 sales in 78737) 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