7109 Waterline RD, Austin TX 78731

The market data from 7 similar recent sales in 78731 points to a value of approximately $1,151,571. To sell within a reasonable timeframe at fair market value, the $835,000 to $845,000 range is where I'd position this. Among the similar homes currently available in 78731, this price point stands out as competitive. The 205 sqft size difference versus comparable sales is reflected in the adjusted values. The 1965 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78731; a balanced market based on recent absorption. In 78731, home values have risen approximately 12.2% over the past 6 months. One of the strongest data points is 7201 Mesa DR, Austin TX 78731, adjusting to $849,750; a strong comparable. 7 comparable transactions in 78731 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group