8411 Galeana Trace CV, Austin TX 78733

Reviewing the most recent comparable transactions, this home's market value falls around $3,292,384. For a well positioned listing in 78733, I'd target the $2,220,000 to $2,230,000 range. Against 7 similar active listings in 78733, this price point lands at the 2nd most expensive of 7 comparable homes on the market. At 267 sqft larger than the typical comp, the size difference factors into the valuation. The 2007 construction puts this home 9 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in 78733; a buyer's market based on recent absorption. Recent trends in 78733 show home values have fallen 5.5% since 6 months ago. The most comparable recent sale is 6636 Dogwood Creek DR, Austin TX 78746, with an adjusted value of $2,121,396; with a smaller 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