7511 Old Bee Caves RD # 2, Austin TX 78735

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $580,161. Pricing this home between $704,000 and $721,000 would put it in the competitive sweet spot for 78735. Relative to what's currently available in 78735, this home would be the 3rd least expensive of 7 comparable homes on the market. At 19 years older than typical comps, the 1960 build date influences the valuation. The larger lot (1.23 acres versus the area average of 0.52) contributes to the valuation. With 7 similar homes currently listed in 78735 (a buyer's market), competition is a factor to consider. Market data shows 78735 prices fallen 14.2% over the last half year. The closest comparable sale, 9011 Dorella LN, Austin TX 78736 at an adjusted $437,298, is with a larger floor plan. The comp data here (7 sales in 78735) 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