8320 Frye Rye, Austin TX 78747

Based on 7 closed sales in THAXTON PLACE, the data points to a value around $259,786 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $289,000 to $290,000. Buyers shopping in THAXTON PLACE right now would see this as a well positioned option among 3 comparable homes. At 118 sqft smaller than the typical comp, the size difference factors into the valuation. With 3 similar homes currently listed in THAXTON PLACE (a buyer's market), competition is a factor to consider. Market data shows 78747 prices fallen 11.7% over the last half year. The closest comparable sale, 10220 Deer Chase TRL, Austin TX 78747 at an adjusted $287,318, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in THAXTON PLACE. 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