8601 EMERALD HILL DR, Austin TX 78759

After reviewing 5 recent transactions in 78759, I estimate this property's value at $1,517,747. A competitive list price for this home right now would fall in the $1,017,000 to $1,027,000 range. Relative to what's currently available in 78759, this home would be the 2nd most expensive of 7 comparable homes on the market. Being 456 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.32 acres versus the area average of 0.27) contributes to the valuation. With 7 similar homes currently listed in 78759 (a balanced market), competition is a factor to consider. Prices in 78759 have risen 5.3% over the last 6 months. A similar home at 8714 Ridgehill DR, Austin TX 78759 carries an adjusted comparable value of $1,774,877, providing a strong data point. The comp data here (5 sales in 78759) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus