8700 Millway DR, Austin TX 78757

After reviewing 6 recent transactions in ALLANDALE ESTATES, I estimate this property's value at $554,753. A competitive list price for this home right now would fall in the $605,000 to $633,000 range. This home's position in the current ALLANDALE ESTATES market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. At 5 years newer than typical comps, the 1970 build date influences the valuation. The larger lot (0.23 acres versus the area average of 0.19) contributes to the valuation. There are currently 5 similar homes on the market in ALLANDALE ESTATES, ranging from $525,000 to $675,000. Prices in 78757 have risen 14% over the last 6 months. A similar home at 8501 Millway DR, Austin TX 78757 carries an adjusted comparable value of $604,694, providing a strong data point. With 6 comparable sales in ALLANDALE ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group