4808 Amarra DR, Austin TX 78735

The market data from 7 similar recent sales in AMARRA DRIVE points to a value of approximately $4,484,536. To sell within a reasonable timeframe at fair market value, the $2,605,000 to $2,615,000 range is where I'd position this. With 4 comparable homes on the market in AMARRA DRIVE, this price positions the property as the most expensive of 4 comparable homes on the market. Being 183 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 1 of 7 comparable sales didn't include one. Current inventory shows 4 comparable homes in AMARRA DRIVE; a balanced market based on recent absorption. In 78735, home values have fallen approximately 9.2% over the past 6 months. One of the strongest data points is 4500 Peralta LN, Austin TX 78735, adjusting to $5,068,513; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group