8300 Elander DR, Austin TX 78750

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $1,194,799. I'd recommend coming to market at $1,480,000 to $1,859,000 to strike the right balance between value and market velocity. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in JESTER POINT. Being 1,867 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.31 acre lot (smaller than the 0.37 acre average) is reflected in the estimate. The active market in JESTER POINT includes 3 comparable homes priced from $1,859,000 to $1,999,000. The trend in JESTER POINT shows prices have risen 14.5% in the past 6 months. 8205 Crabtree DR, Austin TX 78750 nearby adjusts to $1,072,431; with a smaller floor plan. Based on 7 relevant data points in JESTER POINT, 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