4309 Flameleaf Sumac DR, Austin TX 78738

After reviewing 7 recent transactions in EAST, I estimate this property's value at $825,483. A competitive list price for this home right now would fall in the $505,000 to $515,000 range. Buyers shopping in EAST right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (158 sqft vs the comp average) plays a role in how the market prices it. At 8 years newer than typical comps, the 2020 build date influences the valuation. With 7 similar homes currently listed in EAST (a buyer's market), competition is a factor to consider. Prices in 78738 have fallen 0.7% over the last 6 months. A similar home at 13408 Galleria CIR, Austin TX 78738 carries an adjusted comparable value of $843,324, providing a strong data point. With 7 comparable sales in EAST, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group