8309 Mendota CV, Austin TX 78717

Based on 4 closed sales in WOODS BRUSHY CREEK, the data points to a value around $362,000 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $478,000 to $510,000. This pricing would rank the home as the most affordable of 5 comparable homes on the market in WOODS BRUSHY CREEK's current inventory. The smaller floor plan (125 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.00 acres versus 0.16 for the typical comp. Current inventory shows 5 comparable homes in WOODS BRUSHY CREEK; a balanced market based on recent absorption. Market data shows WOODS BRUSHY CREEK prices fallen 9% over the last half year. The closest comparable sale, 8302 Mendota CV, Austin TX 78717 at an adjusted $374,046, is with a smaller floor plan. The strength of this estimate comes from 4 directly comparable sales in WOODS BRUSHY CREEK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group