8201 Bear Creek DR, Austin TX 78737

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $826,513. I'd recommend coming to market at $802,000 to $851,000 to strike the right balance between value and market velocity. In the current BEAR CREEK OAKS market with 1 similar homes available, this price represents below the only comparable home currently on the market. This home's larger footprint (255 sqft vs the comp average) plays a role in how the market prices it. Built in 1982, this home is 16 years older than the average comp, which is reflected in the adjustments. 1 similar homes are currently available in BEAR CREEK OAKS, creating a balanced market for this price range. The trend in 78737 shows prices have fallen 4.3% in the past 6 months. 9200 Madrone CIR, Austin TX 78737 nearby adjusts to $1,081,413; with a smaller floor plan and a pool. Based on 7 relevant data points in BEAR CREEK OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX