7325 Covered Bridge DR, Austin TX 78736

After reviewing 3 recent transactions in COVERED BRIDGE, I estimate this property's value at $587,986. A competitive list price for this home right now would fall in the $658,000 to $676,000 range. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in COVERED BRIDGE's current inventory. The smaller lot (0.17 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in COVERED BRIDGE; a seller's market based on recent absorption. Prices in COVERED BRIDGE have fallen 10.5% over the last 6 months. A similar home at 8623 Foggy Mountain DR, Austin TX 78736 carries an adjusted comparable value of $549,557, providing a strong data point. With 3 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