8506 Bluff Springs RD, Austin TX 78744

The estimated value of this property is $336,266, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $287,000 and $297,000. Against 7 similar active listings in PERKINS VALLEY, this price point lands at the 4th most expensive of 7 comparable homes on the market. Built in 1967, this home is 44 years older than the average comp, which is reflected in the adjustments. The 0.27 acre lot (larger than the 0.12 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in PERKINS VALLEY; a buyer's market based on recent absorption. Recent trends in 78744 show home values have fallen 4.9% since 6 months ago. The most comparable recent sale is 8901 Meridian Oak LN, Austin TX 78744, with an adjusted value of $295,061; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group