8506 La Tosca, Austin TX 78737

The estimated value of this property is $483,313, based on 5 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $370,000 and $380,000. In the current 78737 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. Built in 1978, this home is 13 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.18 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78737; a balanced market based on recent absorption. Recent trends in 78737 show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 8501 Abilene CV, Austin TX 78749, with an adjusted value of $462,339; a strong comparable. With 5 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