8312 Cottage Rose DR, Austin TX 78744

Taking into account 5 nearby comparable sales, this property's estimated value comes to $323,604. If we were to list this property today, I'd recommend a list price in the $270,000 to $280,000 range. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in ADDISON's current inventory. This home's smaller footprint (334 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in ADDISON; a balanced market based on recent absorption. The 6 month price trend in ADDISON: risen 3.7%. The best comp here is 5908 Gerard DR, Austin TX 78744 at an adjusted value of $295,130, with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in ADDISON. 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