8203 Bear Creek DR, Austin TX 78737

The market data from 7 similar recent sales in BEAR CREEK OAKS points to a value of approximately $672,431. To sell within a reasonable timeframe at fair market value, the $510,000 to $520,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in BEAR CREEK OAKS. The 1982 construction puts this home 19 years older than the comp average, a factor in the pricing. At 2.32 acres, the lot is larger than the 2.23 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in BEAR CREEK OAKS, listed between $509,900 and $795,000. In BEAR CREEK OAKS, home values have fallen approximately 47.1% over the past 6 months. One of the strongest data points is 8302 N Madrone TRL, Austin TX 78737, adjusting to $625,952; with a smaller floor plan. 7 comparable transactions in BEAR CREEK OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group