7907 Floracita LN # 33, Austin TX 78735

Reviewing the most recent comparable transactions, this home's market value falls around $679,693. For a well positioned listing in CAYENA, I'd target the $577,000 to $587,000 range. In the current CAYENA market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The 2020 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.31 acre comp average, which factors into pricing. With 7 similar homes currently listed in CAYENA (a buyer's market), competition is a factor to consider. Recent trends in 78735 show home values have fallen 11.8% since 6 months ago. The most comparable recent sale is 8200 Southwest PKWY # 721, Austin TX 78735, with an adjusted value of $809,905; a strong comparable. The 7 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