8003 High Hollow CV, Austin TX 78750

Based on 7 closed sales in 78750, the data points to a value around $1,037,750 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,106,000 to $1,177,000. This pricing would rank the home as the 3rd least expensive of 6 comparable homes on the market in 78750's current inventory. At 215 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1998 (8 years newer than comps) is factored into the value estimate. With 6 similar homes currently listed in 78750 (a balanced market), competition is a factor to consider. Market data shows 78750 prices fallen 15.9% over the last half year. The closest comparable sale, 8205 Crabtree DR, Austin TX 78750 at an adjusted $944,464, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78750. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group