7809 Calamain DR, Austin TX 78736

After reviewing 3 recent transactions in SCENIC PASS, I estimate this property's value at $683,219. A competitive list price for this home right now would fall in the $550,000 to $560,000 range. Relative to what's currently available in SCENIC PASS, this home would be the most expensive of 7 comparable homes on the market. At 123 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.25 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 7 comparable homes in SCENIC PASS; a balanced market based on recent absorption. Prices in 78736 have fallen 18.9% over the last 6 months. A similar home at 7005 Taruca LN, Austin TX 78736 carries an adjusted comparable value of $518,517, providing a strong data point. The comp data here (3 sales in SCENIC PASS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus