7501 Elderberry DR, Austin TX 78745

Taking into account 3 nearby comparable sales, this property's estimated value comes to $562,766. If we were to list this property today, I'd recommend a list price in the $355,000 to $365,000 range. Relative to what's currently available in BEACONRIDGE -B, this home would be the most expensive of 7 comparable homes on the market. The larger floor plan (269 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.40 acres versus 0.22 for the typical comp. Current inventory shows 7 comparable homes in BEACONRIDGE -B; a buyer's market based on recent absorption. The 6 month price trend in 78745: fallen 5.2%. The best comp here is 7110 Tawny CIR, Austin TX 78745 at an adjusted value of $660,621, with a pool. The strength of this estimate comes from 3 directly comparable sales in BEACONRIDGE -B. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group