8317 Carranzo DR, Austin TX 78735

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $3,228,357. Pricing this home between $1,071,000 and $1,081,000 would put it in the competitive sweet spot for 78735. Buyers shopping in 78735 right now would see this as a well positioned option among 6 comparable homes. Being 118 sqft larger than the average comparable sale in this area impacts the per square foot value. Having a pool is a plus; 4 of the 5 comps lacked one. With 6 similar homes currently listed in 78735 (a buyer's market), competition is a factor to consider. Market data shows 78735 prices fallen 14.2% over the last half year. The closest comparable sale, 8408 CARRANZO DR, Austin TX 78735 at an adjusted $3,867,902, is with a smaller floor plan and no pool. The comp data here (5 sales in 78735) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus