7007 Millrace DR, Austin TX 78724

Based on 4 closed sales in LAS CIMAS, the data points to a value around $345,250 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $405,000 to $409,000. This pricing would rank the home as the most affordable of 3 comparable homes on the market in LAS CIMAS's current inventory. The smaller floor plan (107 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.23 acres versus 0.18 for the typical comp. There are currently 3 similar homes on the market in LAS CIMAS, ranging from $395,000 to $429,900. Market data shows 78724 prices risen 3% over the last half year. The closest comparable sale, 7213 Inspiration DR, Austin TX 78724 at an adjusted $409,284, is with a larger floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus