8511 Spring Valley DR, Austin TX 78736

After reviewing 7 recent transactions in 78736, I estimate this property's value at $582,409. A competitive list price for this home right now would fall in the $406,000 to $416,000 range. Buyers shopping in 78736 right now would see this as a well positioned option among 7 comparable homes. At 5 years newer than typical comps, the 1983 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.21) contributes to the valuation. Buyers in 78736 have 7 comparable options right now, with asking prices between $375,000 and $939,000. Prices in 78736 have fallen 18.9% over the last 6 months. A similar home at 8317 Gallatin DR, Austin TX 78736 carries an adjusted comparable value of $347,774, providing a strong data point. With 7 comparable sales in 78736, 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