7612 Compass, Austin TX 78724

The estimated value of this property is $237,403, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $289,000 and $292,000. Against 3 similar active listings in NORTH POINT, this price point lands at the 2nd most expensive of 3 comparable homes on the market. At 512 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 2000, this home is 7 years newer than the average comp, which is reflected in the adjustments. Right now, 3 similar properties are competing for buyers in NORTH POINT, listed between $215,000 and $310,000. Recent trends in 78724 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 6904 Point North DR, Austin TX 78724, with an adjusted value of $175,551; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group