4400 Edgemont DR, Austin TX 78731

The market data from 5 similar recent sales in 78731 points to a value of approximately $1,962,567. To sell within a reasonable timeframe at fair market value, the $1,447,000 to $1,457,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78731. The 119 sqft size difference versus comparable sales is reflected in the adjusted values. The pool is a differentiator here, since 2 of 5 comparable sales didn't include one. There are currently 7 similar homes on the market in 78731, ranging from $1,390,000 to $2,499,999. In 78731, home values have fallen approximately 15.9% over the past 6 months. One of the strongest data points is 3503 Arrowhead DR, Austin TX 78731, adjusting to $1,517,094; a strong comparable. 5 comparable transactions in 78731 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group