8616 Calera DR, Austin TX 78735

The estimated value of this property is $3,516,101, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $2,344,000 and $2,354,000. With 4 comparable homes on the market in 78735, this price positions the property as the most expensive of 4 comparable homes on the market. The larger floor plan (1,023 sqft compared to the average comp) is a meaningful differentiator in this price range. The pool is a standout feature, with 1 of 7 comparable homes not offering one. Current inventory shows 4 comparable homes in 78735; a buyer's market based on recent absorption. Recent trends in 78735 show home values have fallen 14.2% since 6 months ago. The most comparable recent sale is 8700 Calera DR, Austin TX 78735, with an adjusted value of $3,328,774; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group