8301 Valerio LN, Austin TX 78735

The market data from 3 similar recent sales in AMARRA DRIVE points to a value of approximately $4,326,448. To sell within a reasonable timeframe at fair market value, the $3,546,000 to $3,556,000 range is where I'd position this. With 3 comparable homes on the market in AMARRA DRIVE, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (599 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 1 of 3 comparable sales didn't include one. Current inventory shows 3 comparable homes in AMARRA DRIVE; a balanced market based on recent absorption. In AMARRA DRIVE, home values have fallen approximately 25.8% over the past 6 months. One of the strongest data points is 4500 Peralta LN, Austin TX 78735, adjusting to $5,111,759; with a larger floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group