8701 Escarpment BLVD # 103, Austin TX 78749

The estimated value of this property is $520,110, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $379,000 and $389,000. 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 254 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2007, this home is 11 years newer than the average comp, which is reflected in the adjustments. With 3 similar homes currently listed in DAVIS PLACE TWNHMS (a balanced market), competition is a factor to consider. Recent trends in 78749 show home values have risen 6.2% since 6 months ago. The most comparable recent sale is 6121 Abilene TRL, Austin TX 78749, with an adjusted value of $522,120; a strong comparable. Based on 7 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