7407 Inspiration DR, Austin TX 78724

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $440,919. Pricing this home between $428,000 and $454,000 would put it in the competitive sweet spot for LAS CIMAS. This pricing would rank the home as the most expensive of 3 comparable homes on the market in LAS CIMAS's current inventory. At 117 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.20 acres versus the area average of 0.15) contributes to the valuation. 3 similar homes are currently available in LAS CIMAS, creating a buyer's market for this price range. Market data shows 78724 prices risen 3.5% over the last half year. The closest comparable sale, 7829 Crystalbrook W, Austin TX 78724 at an adjusted $431,389, is with a smaller floor plan. The comp data here (5 sales in LAS CIMAS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus