7333 Covered Bridge DR, Austin TX 78736

Reviewing the most recent comparable transactions, this home's market value falls around $628,565. For a well positioned listing in COVERED BRIDGE, I'd target the $708,000 to $714,000 range. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in COVERED BRIDGE. The 120 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.17 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in COVERED BRIDGE; a seller's market based on recent absorption. Recent trends in COVERED BRIDGE show home values have fallen 10.5% since 6 months ago. The most comparable recent sale is 8623 Foggy Mountain DR, Austin TX 78736, with an adjusted value of $577,099; with a larger floor plan. The 4 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