7915 JESTER BLVD, Austin TX 78750

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,071,540. I'd recommend coming to market at $776,000 to $786,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78750, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 121 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a standout feature, with 4 of 7 comparable homes not offering one. Current inventory shows 7 comparable homes in 78750; a balanced market based on recent absorption. The trend in 78750 shows prices have fallen 8.2% in the past 6 months. 8125 Bottlebrush DR, Austin TX 78750 nearby adjusts to $1,211,528; with no pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group