7801 Comfort Cove Comfort CV, Austin TX 78731

The market data from 4 similar recent sales in MESA FOREST points to a value of approximately $924,378. To sell within a reasonable timeframe at fair market value, the $480,000 to $490,000 range is where I'd position this. Against 7 similar active listings in MESA FOREST, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 157 sqft smaller than the typical comp, the size difference factors into the valuation. The 1999 construction puts this home 7 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in MESA FOREST; a buyer's market based on recent absorption. In 78731, home values have fallen approximately 13.3% over the past 6 months. One of the strongest data points is 7815 Moritz LN, Austin TX 78731, adjusting to $1,073,251; a strong comparable. 4 comparable transactions in MESA FOREST 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