7308 Inspiration DR, Austin TX 78724

After reviewing 6 recent transactions in LAS CIMAS, I estimate this property's value at $427,746. A competitive list price for this home right now would fall in the $233,000 to $243,000 range. Relative to what's currently available in LAS CIMAS, this home would be the most expensive of 6 comparable homes on the market. At 179 sqft smaller than the typical comp, the size difference factors into the valuation. At 12 years newer than typical comps, the 1984 build date influences the valuation. Right now, 6 similar properties are competing for buyers in LAS CIMAS, listed between $225,000 and $435,000. Prices in 78724 have risen 4.4% over the last 6 months. A similar home at 7213 Inspiration DR, Austin TX 78724 carries an adjusted comparable value of $408,477, providing a strong data point. 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