7911 Floracita LN # 31, Austin TX 78735

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $688,913. I'd recommend coming to market at $761,000 to $781,000 to strike the right balance between value and market velocity. In the current CAYENA market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. Built in 2020, this home is 8 years newer than the average comp, which is reflected in the adjustments. The 0.10 acre lot (smaller than the 0.42 acre average) is reflected in the estimate. With 7 similar homes currently listed in CAYENA (a buyer's market), competition is a factor to consider. The trend in 78735 shows prices have fallen 11.8% in the past 6 months. 5820 Harper Park DR # 46, Austin TX 78735 nearby adjusts to $661,875; a strong comparable. Based on 7 relevant data points in CAYENA, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX