4320 Amarra DR, Austin TX 78735

The estimated value of this property is $2,372,179, based on 6 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $1,902,000 and $1,912,000. Against 7 similar active listings in AMARRA, this price point lands at the 2nd most expensive of 7 comparable homes on the market. This home's smaller footprint (163 sqft vs the comp average) plays a role in how the market prices it. The 0.43 acre lot (larger than the 0.30 acre average) is reflected in the estimate. With 7 similar homes currently listed in AMARRA (a balanced market), competition is a factor to consider. Recent trends in 78735 show home values have fallen 3.8% since 6 months ago. The most comparable recent sale is 2305 Barton Creek BLVD # 25, Austin TX 78735, with an adjusted value of $1,858,875; with a larger floor plan. Based on 6 relevant data points in AMARRA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX