7608 Compass DR, Austin TX 78724

Based on 7 closed sales in NORTH POINT, the data points to a value around $237,523 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $289,000 to $292,000. This home's position in the current NORTH POINT market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. Being 512 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 2000 (7 years newer than comps) is factored into the value estimate. There are currently 3 similar homes on the market in NORTH POINT, ranging from $215,000 to $310,000. Market data shows 78724 prices risen 5.5% over the last half year. The closest comparable sale, 6904 Point North DR, Austin TX 78724 at an adjusted $175,663, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in NORTH POINT. 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