3903 Carmel DR, Austin TX 78721

My analysis of 3 comparable properties puts this home's estimated value at $599,379. Based on how the local market is moving, a list price between $763,000 and $789,000 would position this home well. Relative to what's currently available in OLIVIA HEIGHTS, this home would be the most affordable of 7 comparable homes on the market. The 286 sqft size difference versus comparable sales is reflected in the adjusted values. Having a pool is a plus; 3 of the 3 comps lacked one. With 7 similar homes currently listed in OLIVIA HEIGHTS (a buyer's market), competition is a factor to consider. The 6 month price trend in 78721: fallen 6.5%. The best comp here is 5202 Woodmoor DR, Austin TX 78721 at an adjusted value of $762,656, with no pool. The comp data here (3 sales in OLIVIA HEIGHTS) 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