7602 Rockpoint DR, Austin TX 78731

My analysis of 7 comparable properties puts this home's estimated value at $1,348,790. Based on how the local market is moving, a list price between $877,000 and $887,000 would position this home well. Relative to what's currently available in 78731, this home would be the most expensive of 7 comparable homes on the market. The larger lot (0.31 acres versus the area average of 0.27) contributes to the valuation. There are currently 7 similar homes on the market in 78731, ranging from $850,000 to $1,335,000. The 6 month price trend in 78731: fallen 16.3%. The best comp here is 4214 Deepwoods DR, Austin TX 78731 at an adjusted value of $2,178,981, a strong comparable. The comp data here (7 sales in 78731) 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