8221 Summer Place DR, Austin TX 78759

The estimated value of this property is $493,234, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $544,000 and $569,000. At this price, the property would be the 3rd most expensive of 6 comparable homes on the market comparable homes currently on the market in SUMMER WOOD. At 109 sqft smaller than the typical comp, the size difference factors into the valuation. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. With 6 similar homes currently listed in SUMMER WOOD (a balanced market), competition is a factor to consider. Recent trends in SUMMER WOOD show home values have fallen 22.6% since 6 months ago. The most comparable recent sale is 8350 Summerwood DR, Austin TX 78759, with an adjusted value of $438,848; with a smaller floor plan. Based on 7 relevant data points in SUMMER WOOD, 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