8518 Fathom CIR # 116, Austin TX 78750

The comparable sales data (7 recent transactions in OAK SHADOWS CONDOMINIUM) supports an estimated value of $686,020. The data suggests a list price between $417,000 and $427,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in OAK SHADOWS CONDOMINIUM, this home would be the most expensive of 3 comparable homes on the market. Being built in 2017 (39 years newer than comps) is factored into the value estimate. Lot size matters here: 0.10 acres versus 0.26 for the typical comp. Current inventory shows 3 comparable homes in OAK SHADOWS CONDOMINIUM; a balanced market based on recent absorption. Prices in 78750 have fallen 11.6% over the last 6 months. A similar home at 11619 Sherwood FRST, Austin TX 78759 carries an adjusted comparable value of $428,887, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in OAK SHADOWS CONDOMINIUM. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group