8000 Lenape TRL, Austin TX 78736

My analysis of 3 comparable properties puts this home's estimated value at $857,620. Based on how the local market is moving, a list price between $891,000 and $916,000 would position this home well. This would position the home competitively among 7 active listings in OVERLOOK ESTATES. The smaller floor plan (419 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years newer than typical comps, the 2015 build date influences the valuation. With 7 similar homes currently listed in OVERLOOK ESTATES (a balanced market), competition is a factor to consider. The 6 month price trend in 78736: fallen 18.3%. The best comp here is 7840 Aria LOOP, Austin TX 78736 at an adjusted value of $806,135, with a larger floor plan. With 3 comparable sales in OVERLOOK ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group