8340 Fathom CIR # 701, Austin TX 78750

After reviewing 7 recent transactions in ARBOR, I estimate this property's value at $234,035. A competitive list price for this home right now would fall in the $270,000 to $282,000 range. This home's position in the current ARBOR market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.02 acres versus the area average of 0.13) contributes to the valuation. Buyers in ARBOR have 7 comparable options right now, with asking prices between $234,000 and $449,000. Prices in 78750 have fallen 9.2% 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. With 7 comparable sales in ARBOR, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group