8613 Acuarela CT, Austin TX 78735

Based on 3 closed sales in AMARRA DRIVE, the data points to a value around $4,716,421 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,221,000 to $1,231,000. This pricing would rank the home as the 0th most expensive of 7 comparable homes on the market in AMARRA DRIVE's current inventory. Being 513 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 3.20 acres versus 1.80 for the typical comp. With 7 similar homes currently listed in AMARRA DRIVE (a buyer's market), competition is a factor to consider. Market data shows AMARRA DRIVE prices fallen 4.3% over the last half year. The closest comparable sale, 4500 Peralta LN, Austin TX 78735 at an adjusted $5,219,061, is with a pool. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus