7221 Running Rope, Austin TX 78731

The estimated value of this property is $1,191,626, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $1,018,000 and $1,028,000. In the current 78731 market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. Being 118 sqft smaller than the average comparable sale in this area impacts the per square foot value. The pool is a standout feature, with 4 of 7 comparable homes not offering one. There are currently 3 similar homes on the market in 78731, ranging from $975,000 to $1,335,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 7106 Sungate DR, Austin TX 78731, with an adjusted value of $1,191,453; a strong comparable. 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