8417 Asmara DR, Austin TX 78750

The comparable sales data (5 recent transactions in 78750) supports an estimated value of $993,474. The data suggests a list price between $1,038,000 and $1,056,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78750, this home would be the 4th most expensive of 7 comparable homes on the market. At 207 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1997 (8 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in 78750 (a balanced market), competition is a factor to consider. Prices in 78750 have fallen 8.2% over the last 6 months. A similar home at 7800 Ginkgo CV, Austin TX 78750 carries an adjusted comparable value of $902,500, providing a strong data point. The strength of this estimate comes from 5 directly comparable sales in 78750. 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