7106 Running Rope, Austin TX 78731

7 recent sales within a mile of this address suggest a current value of $1,271,866. My recommended list price range for this property would be $1,276,000 to $1,301,000. With 4 comparable homes on the market in 78731, this price positions the property as the most expensive of 4 comparable homes on the market. The smaller floor plan (201 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 4 comparable homes in 78731; a buyer's market based on recent absorption. In 78731, home values have fallen approximately 8.7% over the past 6 months. One of the strongest data points is 4214 Deepwoods DR, Austin TX 78731, adjusting to $2,036,095; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group