8624 Acuarela CT, Austin TX 78735

Based on 4 closed sales in AMARRA DRIVE, the data points to a value around $4,047,212 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $3,480,000 to $3,490,000. Buyers shopping in AMARRA DRIVE right now would see this as a well positioned option among 3 comparable homes. The larger floor plan (240 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 2015 (5 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in AMARRA DRIVE; a buyer's market based on recent absorption. Market data shows 78735 prices fallen 8% over the last half year. The closest comparable sale, 4500 Peralta LN, Austin TX 78735 at an adjusted $4,829,128, is with a larger floor plan. The strength of this estimate comes from 4 directly comparable sales in AMARRA DRIVE. 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