4510 Abelia DR, Austin TX 78727

After reviewing 7 recent transactions in ARROWWOOD, I estimate this property's value at $401,264. A competitive list price for this home right now would fall in the $439,000 to $445,000 range. This home's position in the current ARROWWOOD market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 8 years newer than typical comps, the 1991 build date influences the valuation. The active market in ARROWWOOD includes 7 comparable homes priced from $369,000 to $495,000. Prices in 78727 have fallen 8% over the last 6 months. A similar home at 4803 Marblehead DR, Austin TX 78727 carries an adjusted comparable value of $439,379, providing a strong data point. With 7 comparable sales in ARROWWOOD, 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