5201 FOSSIL RIM RD, Austin TX 78746

The comparable sales data (5 recent transactions in MADRONE TERRACE) supports an estimated value of $2,691,020. The data suggests a list price between $1,994,000 and $2,004,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in MADRONE TERRACE, this home would be the 4th most expensive of 7 comparable homes on the market. Being 123 sqft larger than the average comparable sale in this area impacts the per square foot value. A pool adds market appeal. Only 5 minus 1 of the comps had one. 7 similar homes are currently available in MADRONE TERRACE, creating a buyer's market for this price range. Prices in 78746 have risen 5.9% over the last 6 months. A similar home at 624 Logans Ln LN, Austin TX 78746 carries an adjusted comparable value of $2,779,203, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in MADRONE TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group