8012 TEE DR, Austin TX 78747

After reviewing 3 recent transactions in THAXTON PLACE, I estimate this property's value at $186,157. A competitive list price for this home right now would fall in the $299,000 to $300,000 range. This would position the home competitively among 3 active listings in THAXTON PLACE. At 5 years older than typical comps, the 2009 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.11) contributes to the valuation. With 3 similar homes currently listed in THAXTON PLACE (a buyer's market), competition is a factor to consider. Prices in 78747 have fallen 11.7% over the last 6 months. A similar home at 6636 Quinton DR, Austin TX 78747 carries an adjusted comparable value of $135,335, providing a strong data point. With 3 comparable sales in THAXTON PLACE, 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