8612 Cumbrae LN, Austin TX 78744

My analysis of 7 comparable properties puts this home's estimated value at $364,841. Based on how the local market is moving, a list price between $302,000 and $312,000 would position this home well. Relative to what's currently available in ADDISON, this home would be the 2nd most expensive of 4 comparable homes on the market. With 4 similar homes currently listed in ADDISON (a buyer's market), competition is a factor to consider. The 6 month price trend in ADDISON: fallen 6.3%. The best comp here is 8211 McKamy DR, Austin TX 78744 at an adjusted value of $397,691, a strong comparable. The comp data here (7 sales in ADDISON) 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