8701 Escarpment BLVD # 52, Austin TX 78749

After reviewing 6 recent transactions in DAVIS PLACE TWNHMS, I estimate this property's value at $608,064. A competitive list price for this home right now would fall in the $613,000 to $649,000 range. This home's position in the current DAVIS PLACE TWNHMS market: the most expensive of 3 comparable homes on the market among comparable properties. At 7 years newer than typical comps, the 2006 build date influences the valuation. The larger lot (0.35 acres versus the area average of 0.24) contributes to the valuation. With 3 similar homes currently listed in DAVIS PLACE TWNHMS (a balanced market), competition is a factor to consider. Prices in 78749 have risen 6.2% over the last 6 months. A similar home at 8811 Tiombe BND, Austin TX 78749 carries an adjusted comparable value of $729,388, providing a strong data point. The comp data here (6 sales in DAVIS PLACE TWNHMS) 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