8311 Racine TRL, Austin TX 78717

Reviewing the most recent comparable transactions, this home's market value falls around $446,174. For a well positioned listing in WOODS BRUSHY CREEK, I'd target the $459,000 to $467,000 range. In the current WOODS BRUSHY CREEK market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. This home's smaller footprint (212 sqft vs the comp average) plays a role in how the market prices it. At 0.24 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in WOODS BRUSHY CREEK; a balanced market based on recent absorption. Recent trends in WOODS BRUSHY CREEK show home values have risen 2.1% since 6 months ago. The most comparable recent sale is 8215 RACINE TRL, Austin TX 78717, with an adjusted value of $410,956; a strong comparable. The 7 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