8001 N Madrone TRL, Austin TX 78737

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $673,862. To generate strong buyer interest while maximizing value, I'd price this between $654,000 and $694,000. In the current BEAR CREEK OAKS market with 1 similar homes available, this price represents below the only comparable home currently on the market. The 2004 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 2.03 acres, the lot is larger than the 1.92 acre comp average, which factors into pricing. With 1 similar homes currently listed in BEAR CREEK OAKS (a balanced market), competition is a factor to consider. The trend in 78737 shows prices have risen 1.3% in the past 6 months. 9300 N Madrone TRL, Austin TX 78737 nearby adjusts to $712,238; a strong comparable. 3 comparable transactions in BEAR CREEK OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group