7300 Running Rope, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,794,262. For a well positioned listing in 78731, I'd target the $1,459,000 to $1,469,000 range. In the current 78731 market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 311 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. Buyers in 78731 have 4 comparable options right now, with asking prices between $1,300,000 and $2,199,000. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 5301 Valburn CIR, Austin TX 78731, with an adjusted value of $2,212,511; with a smaller floor plan. 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