8050 N Madrone TRL, Austin TX 78737

My analysis of 7 comparable properties puts this home's estimated value at $577,088. Based on how the local market is moving, a list price between $560,000 and $594,000 would position this home well. This pricing would rank the home as below the only comparable home currently on the market in BEAR CREEK OAKS's current inventory. The 428 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (1.22 acres versus the area average of 2.41) contributes to the valuation. With 1 similar homes currently listed in BEAR CREEK OAKS (a balanced market), competition is a factor to consider. The 6 month price trend in 78737: risen 5.7%. The best comp here is 9300 N Madrone TRL, Austin TX 78737 at an adjusted value of $668,080, with a larger floor plan. With 7 comparable sales in BEAR CREEK OAKS, 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