8701 Escarpment BLVD # 63, Austin TX 78749

Based on 7 closed sales in DAVIS PLACE TWNHMS, the data points to a value around $659,971 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $688,000 to $694,000. This home's position in the current DAVIS PLACE TWNHMS market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. Being built in 2006 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 0.35 acres versus 0.23 for the typical comp. With 4 similar homes currently listed in DAVIS PLACE TWNHMS (a balanced market), competition is a factor to consider. Market data shows 78749 prices risen 5.9% over the last half year. The closest comparable sale, 9213 Rock Castle CV, Austin TX 78749 at an adjusted $495,517, is with a larger floor plan. This estimate draws on 7 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