8340 Fathom CIR # 502, Austin TX 78750

After reviewing 7 recent transactions in ARBOR, I estimate this property's value at $246,897. A competitive list price for this home right now would fall in the $266,000 to $272,000 range. This home's position in the current ARBOR market: the most affordable of 3 comparable homes on the market among comparable properties. The smaller lot (0.02 acres versus the area average of 0.14) contributes to the valuation. Right now, 3 similar properties are competing for buyers in ARBOR, listed between $270,000 and $288,000. Prices in 78750 have fallen 6.3% over the last 6 months. A similar home at 8340 Fathom CIR # 703, Austin TX 78750 carries an adjusted comparable value of $214,000, providing a strong data point. The comp data here (7 sales in ARBOR) 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