4401 Amarra DR # 8, Austin TX 78735

After reviewing 6 recent transactions in VILLAS AMARRA DRIVE, I estimate this property's value at $3,522,816. A competitive list price for this home right now would fall in the $1,043,000 to $1,053,000 range. This pricing would rank the home as the most expensive of 7 comparable homes on the market in VILLAS AMARRA DRIVE's current inventory. Being 260 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 1.49) contributes to the valuation. With 7 similar homes currently listed in VILLAS AMARRA DRIVE (a buyer's market), competition is a factor to consider. Prices in 78735 have fallen 11.3% over the last 6 months. A similar home at 4401 AMARRA DR # 19, Austin TX 78735 carries an adjusted comparable value of $3,719,931, providing a strong data point. With 6 comparable sales in VILLAS AMARRA DRIVE, 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