7717 Basil DR, Austin TX 78750

The market data from 7 similar recent sales in 78750 points to a value of approximately $917,317. To sell within a reasonable timeframe at fair market value, the $964,000 to $983,000 range is where I'd position this. In the current 78750 market with 5 similar homes available, this price represents the 3rd most expensive of 5 comparable homes on the market. At 0.39 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78750 (a balanced market), competition is a factor to consider. In 78750, home values have fallen approximately 8.2% over the past 6 months. One of the strongest data points is 7602 Basil CV, Austin TX 78750, adjusting to $964,206; with a larger floor plan. 7 comparable transactions in 78750 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group