8400 Carranzo DR, Austin TX 78735

Based on 3 closed sales in AMARRA DRIVE, the data points to a value around $2,118,630 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $850,000 to $860,000. Relative to what's currently available in AMARRA DRIVE, this home would be the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (198 sqft vs the comp average) plays a role in how the market prices it. Right now, 3 similar properties are competing for buyers in AMARRA DRIVE, listed between $899,000 and $3,850,000. Market data shows 78735 prices fallen 10.1% over the last half year. The closest comparable sale, 8221 Carranzo DR, Austin TX 78735 at an adjusted $2,689,158, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in AMARRA DRIVE. 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