6705 Covered Bridge DR # 9, Austin TX 78736

The market data from 7 similar recent sales in COVERED BRIDGE points to a value of approximately $563,074. To sell within a reasonable timeframe at fair market value, the $647,000 to $651,000 range is where I'd position this. Among the similar homes currently available in COVERED BRIDGE, this price point stands out as competitive. At 1,011 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in COVERED BRIDGE; a seller's market based on recent absorption. In COVERED BRIDGE, home values have fallen approximately 11.3% over the past 6 months. One of the strongest data points is 7324 Covered Bridge DR, Austin TX 78736, adjusting to $570,410; with a larger floor plan. 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