7216 Running Rope, Austin TX 78731

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $1,348,571. To generate strong buyer interest while maximizing value, I'd price this between $998,000 and $1,008,000. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78731. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. With 3 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. The trend in 78731 shows prices have fallen 15.3% in the past 6 months. 4214 Deepwoods DR, Austin TX 78731 nearby adjusts to $2,217,204; with no pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group