7216 Covered Bridge DR, Austin TX 78736

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $813,003. I'd recommend coming to market at $864,000 to $959,000 to strike the right balance between value and market velocity. Against 3 similar active listings in COVERED BRIDGE, this price point lands at the most affordable of 3 comparable homes on the market. The larger floor plan (367 sqft compared to the average comp) is a meaningful differentiator in this price range. Current inventory shows 3 comparable homes in COVERED BRIDGE; a seller's market based on recent absorption. The trend in COVERED BRIDGE shows prices have fallen 10.5% in the past 6 months. 7617 Roaring Springs DR, Austin TX 78736 nearby adjusts to $806,417; a strong comparable. With 6 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