7312 Running Rope, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,884,648. For a well positioned listing in 78731, I'd target the $962,000 to $972,000 range. With 7 comparable homes on the market in 78731, this price positions the property as the most expensive of 7 comparable homes on the market. The larger floor plan (133 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2012 construction puts this home 35 years newer than the comp average, a factor in the pricing. Buyers in 78731 have 7 comparable options right now, with asking prices between $850,000 and $1,895,000. Recent trends in 78731 show home values have fallen 15.8% since 6 months ago. The most comparable recent sale is 3904 Petra PATH, Austin TX 78731, with an adjusted value of $2,031,931; a strong comparable. 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