8502 Millway DR, Austin TX 78757

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $589,184. Pricing this home between $647,000 and $653,000 would put it in the competitive sweet spot for ALLANDALE ESTATES. Relative to what's currently available in ALLANDALE ESTATES, this home would be the 3rd least expensive of 7 comparable homes on the market. The larger lot (0.24 acres versus the area average of 0.20) contributes to the valuation. With 7 similar homes currently listed in ALLANDALE ESTATES (a buyer's market), competition is a factor to consider. Market data shows ALLANDALE ESTATES prices fallen 26.7% over the last half year. The closest comparable sale, 8309 MILLWAY DR, Austin TX 78757 at an adjusted $501,380, is a strong comparable. With 7 comparable sales in ALLANDALE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group