7309 Black Mountain DR, Austin TX 78736

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $760,127. Pricing this home between $827,000 and $870,000 would put it in the competitive sweet spot for COVERED BRIDGE. This would position the home competitively among 4 active listings in COVERED BRIDGE. Being 405 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.18 acres versus the area average of 0.22) contributes to the valuation. Current inventory shows 4 comparable homes in COVERED BRIDGE; a seller's market based on recent absorption. Market data shows COVERED BRIDGE prices fallen 10.5% over the last half year. The closest comparable sale, 7617 Roaring Springs DR, Austin TX 78736 at an adjusted $759,737, is with a larger floor plan. With 5 comparable sales in COVERED BRIDGE, 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