8701 Escarpment BLVD # 81, Austin TX 78749

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $448,425. I'd recommend coming to market at $382,000 to $392,000 to strike the right balance between value and market velocity. Against 7 similar active listings in DAVIS PLACE TWNHMS, this price point lands at the 4th most expensive of 7 comparable homes on the market. Built in 2006, this home is 13 years newer than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.14 acre average) is reflected in the estimate. Buyers in DAVIS PLACE TWNHMS have 7 comparable options right now, with asking prices between $379,000 and $550,000. The trend in 78749 shows prices have risen 6.1% in the past 6 months. 8117 Cheno Cortina TRL, Austin TX 78749 nearby adjusts to $456,107; a strong comparable. Based on 3 relevant data points in DAVIS PLACE TWNHMS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX