8414 McKamy DR, Austin TX 78744

The market data from 7 similar recent sales in ADDISON points to a value of approximately $365,666. To sell within a reasonable timeframe at fair market value, the $289,000 to $299,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in ADDISON. The 2023 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in ADDISON; a buyer's market based on recent absorption. In ADDISON, home values have fallen approximately 7.6% over the past 6 months. One of the strongest data points is 8211 McKamy DR, Austin TX 78744, adjusting to $399,635; a strong comparable. 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