8104 Aralia DR, Austin TX 78750

Based on 4 closed sales in JESTER POINT, the data points to a value around $1,133,884 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $854,000 to $864,000. This would position the home competitively among 4 active listings in JESTER POINT. The larger floor plan (247 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1998 (6 years newer than comps) is factored into the value estimate. Current inventory shows 4 comparable homes in JESTER POINT; a seller's market based on recent absorption. Market data shows JESTER POINT prices fallen 30.5% over the last half year. The closest comparable sale, 8137 Jester BLVD, Austin TX 78750 at an adjusted $1,056,709, is a strong comparable. The strength of this estimate comes from 4 directly comparable sales in JESTER POINT. 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