8501 Dittmar Oaks DR, Austin TX 78748

Based on 7 closed sales in 78748, the data points to a value around $461,220 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $487,000 to $497,000. Buyers shopping in 78748 right now would see this as a well positioned option among 6 comparable homes. Being 216 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 6 similar properties are competing for buyers in 78748, listed between $425,000 and $515,000. Market data shows 78748 prices fallen 3.3% over the last half year. The closest comparable sale, 1609 Strickland DR, Austin TX 78748 at an adjusted $408,486, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78748. 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