7103 Running Rope, Austin TX 78731

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,254,233. Pricing this home between $1,219,000 and $1,297,000 would put it in the competitive sweet spot for 78731. Buyers shopping in 78731 right now would see this as a well positioned option among 3 comparable homes. At 104 sqft smaller than the typical comp, the size difference factors into the valuation. The active market in 78731 includes 3 comparable homes priced from $1,200,000 to $1,283,000. Market data shows 78731 prices fallen 7% over the last half year. The closest comparable sale, 7706 Shadyrock DR, Austin TX 78731 at an adjusted $1,219,367, is with a larger floor plan. The comp data here (7 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus