4700 Palisade, Austin TX 78731

After reviewing 4 recent transactions in CLIFF OVER LAKE AUSTIN, I estimate this property's value at $662,432. A competitive list price for this home right now would fall in the $579,000 to $589,000 range. This home's position in the current CLIFF OVER LAKE AUSTIN market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. The 117 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.34 acres versus the area average of 0.30) contributes to the valuation. With 7 similar homes currently listed in CLIFF OVER LAKE AUSTIN (a buyer's market), competition is a factor to consider. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 4800 Leeward CT, Austin TX 78731 carries an adjusted comparable value of $574,731, providing a strong data point. The comp data here (4 sales in CLIFF OVER LAKE AUSTIN) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus