7809 Moritz LN, Austin TX 78731

The market data from 3 similar recent sales in MESA FOREST points to a value of approximately $1,092,876. To sell within a reasonable timeframe at fair market value, the $1,196,000 to $1,224,000 range is where I'd position this. In the current MESA FOREST market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 1999 construction puts this home 9 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in MESA FOREST, creating a buyer's market for this price range. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 3913 Myrick DR, Austin TX 78731, adjusting to $985,837; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group