3500 Vara DR, Austin TX 78754

Based on 7 closed sales in WALNUT PLACE, the data points to a value around $445,233 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $267,000 to $277,000. This home's position in the current WALNUT PLACE market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1980 (8 years newer than comps) is factored into the value estimate. Lot size matters here: 0.93 acres versus 0.45 for the typical comp. The active market in WALNUT PLACE includes 7 comparable homes priced from $245,000 to $570,000. Market data shows WALNUT PLACE prices risen 46.2% over the last half year. The closest comparable sale, 3632 Quiette DR, Austin TX 78754 at an adjusted $332,391, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in WALNUT PLACE. 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