7403 Inspiration DR, Austin TX 78724

Based on 7 closed sales in LAS CIMAS, the data points to a value around $481,234 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $345,000 to $355,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in LAS CIMAS's current inventory. The 113 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 2005 (34 years newer than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in LAS CIMAS; a buyer's market based on recent absorption. Market data shows 78724 prices risen 5.5% over the last half year. The closest comparable sale, 7213 Inspiration DR, Austin TX 78724 at an adjusted $447,694, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus