7962 Mesa Trails CIR, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $511,122. For a well positioned listing in MESA, I'd target the $600,000 to $717,000 range. With 7 comparable homes on the market in MESA, this price positions the property as the most affordable of 7 comparable homes on the market. At 335 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 5 of 5 comparable sales didn't include one. The active market in MESA includes 7 comparable homes priced from $547,000 to $1,188,888. Recent trends in 78731 show home values have fallen 15.3% since 6 months ago. The most comparable recent sale is 4117 Ridgeline DR, Austin TX 78731, with an adjusted value of $599,794; with no pool. The 5 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