8515 F M Road 1826, Austin TX 78737

The estimated value of this property is $805,955, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $627,000 and $637,000. In the current 78737 market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The 137 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1976, this home is 24 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in 78737 (a balanced market), competition is a factor to consider. Recent trends in 78737 show home values have risen 2.9% since 6 months ago. The most comparable recent sale is 6900 Via Ricco DR, Austin TX 78749, with an adjusted value of $823,821; with a smaller floor plan. Based on 7 relevant data points in 78737, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX