7007 Taruca LN, Austin TX 78736

Based on 7 closed sales in SCENIC PASS, the data points to a value around $670,327 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $692,000 to $708,000. Relative to what's currently available in SCENIC PASS, this home would be the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (229 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2023 (16 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in SCENIC PASS; a balanced market based on recent absorption. Market data shows 78736 prices fallen 18.9% over the last half year. The closest comparable sale, 7005 Taruca LN, Austin TX 78736 at an adjusted $536,662, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in SCENIC PASS. 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