8701 Escarpment BLVD # 42, Austin TX 78749

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $603,028. To generate strong buyer interest while maximizing value, I'd price this between $573,000 and $626,000. In the current DAVIS PLACE TWNHMS market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 206 sqft size difference versus comparable sales is reflected in the adjusted values. The 2007 construction puts this home 10 years newer than the comp average, a factor in the pricing. With 3 similar homes currently listed in DAVIS PLACE TWNHMS (a balanced market), competition is a factor to consider. The trend in 78749 shows prices have risen 5.8% in the past 6 months. 8501 Abilene CV, Austin TX 78749 nearby adjusts to $538,728; with a larger floor plan. 4 comparable transactions in DAVIS PLACE TWNHMS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group