7901 Cobblestone, Austin TX 78735

The market data from 3 similar recent sales in TRAVIS COUNTRY WEST points to a value of approximately $764,602. To sell within a reasonable timeframe at fair market value, the $549,000 to $559,000 range is where I'd position this. With 5 comparable homes on the market in TRAVIS COUNTRY WEST, this price positions the property as the 2nd most expensive of 5 comparable homes on the market. This home's smaller footprint (130 sqft vs the comp average) plays a role in how the market prices it. At 0.24 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in TRAVIS COUNTRY WEST; a buyer's market based on recent absorption. In 78735, home values have fallen approximately 14.2% over the past 6 months. One of the strongest data points is 5408 Fort Benton DR, Austin TX 78735, adjusting to $765,651; with a smaller floor plan. 3 comparable transactions in TRAVIS COUNTRY WEST 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