7805 Moritz LN, Austin TX 78731

The comparable sales data (7 recent transactions in MESA FOREST) supports an estimated value of $770,770. The data suggests a list price between $467,000 and $477,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in MESA FOREST's current inventory. Being 111 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1995 (8 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in MESA FOREST, listed between $499,000 and $1,365,000. Prices in 78731 have fallen 15.3% over the last 6 months. A similar home at 7815 Moritz LN, Austin TX 78731 carries an adjusted comparable value of $1,023,932, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in MESA FOREST. 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