708 Marly WAY, Austin TX 78733

Based on 7 closed sales in 78733, the data points to a value around $2,048,080 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $2,623,000 to $2,911,000. Relative to what's currently available in 78733, this home would be the most affordable of 3 comparable homes on the market. The 3,072 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2012 (8 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in 78733; a buyer's market based on recent absorption. Market data shows 78733 prices fallen 12.3% over the last half year. The closest comparable sale, 1501 Canyon Edge DR, Austin TX 78733 at an adjusted $2,220,379, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in 78733. 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