8507 CIMA OAK LN # A, Austin TX 78759

The market data from 7 similar recent sales in CIMA OAKS CONDOMINIUM points to a value of approximately $386,491. To sell within a reasonable timeframe at fair market value, the $432,000 to $443,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in CIMA OAKS CONDOMINIUM. The 1984 construction puts this home 5 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.11 acre comp average, which factors into pricing. 5 similar homes are currently available in CIMA OAKS CONDOMINIUM, creating a balanced market for this price range. In 78759, home values have risen approximately 13.6% over the past 6 months. One of the strongest data points is 3711 Claburn DR, Austin TX 78759, adjusting to $454,323; a strong comparable. 7 comparable transactions in CIMA OAKS CONDOMINIUM support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group