6917 Thorncliffe DR, Austin TX 78731

Based on 3 closed sales in 78731, the data points to a value around $445,492 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $560,000 to $561,000. Buyers shopping in 78731 right now would see this as a well positioned option among 7 comparable homes. This home's larger footprint (275 sqft vs the comp average) plays a role in how the market prices it. Being built in 1971 (5 years older than comps) is factored into the value estimate. The active market in 78731 includes 7 comparable homes priced from $429,900 to $600,000. Market data shows 78731 prices risen 5.6% over the last half year. The closest comparable sale, 6628 E Hill DR, Austin TX 78731 at an adjusted $436,581, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in 78731. 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