7905 Tee DR, Austin TX 78747

After reviewing 3 recent transactions in THAXTON PLACE, I estimate this property's value at $221,735. A competitive list price for this home right now would fall in the $215,000 to $228,000 range. Buyers shopping in THAXTON PLACE right now would see this as a well positioned option among 5 comparable homes. At 205 sqft smaller than the typical comp, the size difference factors into the valuation. Current inventory shows 5 comparable homes in THAXTON PLACE; a buyer's market based on recent absorption. Prices in 78747 have fallen 11.7% over the last 6 months. A similar home at 10220 Deer Chase TRL, Austin TX 78747 carries an adjusted comparable value of $268,749, providing a strong data point. With 3 comparable sales in THAXTON PLACE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group