8 Tournament WAY # 15, Austin TX 78738

Based on 7 closed sales in GUEST QUARTERS OF ACADEMY PLAC, the data points to a value around $325,865 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $422,000 to $453,000. Relative to what's currently available in GUEST QUARTERS OF ACADEMY PLAC, this home would be the most affordable of 3 comparable homes on the market. The smaller floor plan (105 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1982 (6 years older than comps) is factored into the value estimate. Right now, 3 similar properties are competing for buyers in GUEST QUARTERS OF ACADEMY PLAC, listed between $390,000 and $499,900. Market data shows 78738 prices risen 3.1% over the last half year. The closest comparable sale, 16 Tournament WAY # 19, The Hills TX 78738 at an adjusted $452,657, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus