8411 Galeana Trace CV, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $3,349,212. For a well positioned listing in 78733, I'd target the $1,979,000 to $1,989,000 range. Against 3 similar active listings in 78733, this price point lands at the most expensive of 3 comparable homes on the market. At 117 sqft larger than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 6 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in 78733; a buyer's market based on recent absorption. Recent trends in 78733 show home values have fallen 12.3% since 6 months ago. The most comparable recent sale is 8708 Capehart CV, Austin TX 78733, with an adjusted value of $2,703,528; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group