8007 Mullen DR, Austin TX 78757

My analysis of 7 comparable properties puts this home's estimated value at $887,048. Based on how the local market is moving, a list price between $920,000 and $925,000 would position this home well. Buyers shopping in ALLANDALE NORTH right now would see this as a well positioned option among 3 comparable homes. The 394 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.30 acres versus the area average of 0.18) contributes to the valuation. Current inventory shows 3 comparable homes in ALLANDALE NORTH; a buyer's market based on recent absorption. The 6 month price trend in ALLANDALE NORTH: fallen 12.4%. The best comp here is 1909 Belford DR, Austin TX 78757 at an adjusted value of $963,457, with a smaller floor plan. With 7 comparable sales in ALLANDALE NORTH, 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