7208 Inspiration DR, Austin TX 78724

My analysis of 6 comparable properties puts this home's estimated value at $340,674. Based on how the local market is moving, a list price between $239,000 and $249,000 would position this home well. This home's position in the current LAS CIMAS market: the most expensive of 4 comparable homes on the market among comparable properties. The smaller floor plan (108 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 1984 build date influences the valuation. Right now, 4 similar properties are competing for buyers in LAS CIMAS, listed between $225,000 and $325,000. The 6 month price trend in 78724: risen 5.6%. The best comp here is 7213 Inspiration DR, Austin TX 78724 at an adjusted value of $425,499, a strong comparable. With 6 comparable sales in LAS CIMAS, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group