7711 Covered Bridge DR, Austin TX 78736

Based on 3 closed sales in COVERED BRIDGE, the data points to a value around $773,471 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $796,000 to $856,000. Relative to what's currently available in COVERED BRIDGE, this home would be the most expensive of 4 comparable homes on the market. Being 296 sqft larger than the average comparable sale in this area impacts the per square foot value. With 4 similar homes currently listed in COVERED BRIDGE (a balanced market), competition is a factor to consider. Market data shows COVERED BRIDGE prices risen 4.3% over the last half year. The closest comparable sale, 7308 Black Mountain DR, Austin TX 78736 at an adjusted $856,334, is with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus