7908 Mesa Trails CIR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,016,943. For a well positioned listing in MESA, I'd target the $888,000 to $898,000 range. Among the similar homes currently available in MESA, this price point stands out as competitive. Being 235 sqft larger than the average comparable sale in this area impacts the per square foot value. The 1982 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in MESA; a buyer's market based on recent absorption. Recent trends in MESA show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 6907 Cat Creek RUN, Austin TX 78731, with an adjusted value of $951,704; 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