8701 Escarpment BLVD # 83, Austin TX 78749

The market data from 7 similar recent sales in DAVIS PLACE TWNHMS points to a value of approximately $652,465. To sell within a reasonable timeframe at fair market value, the $427,000 to $437,000 range is where I'd position this. Against 7 similar active listings in DAVIS PLACE TWNHMS, this price point lands at the most expensive of 7 comparable homes on the market. The pool is a differentiator here, since 6 of 7 comparable sales didn't include one. The 2006 construction puts this home 8 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in DAVIS PLACE TWNHMS (a balanced market), competition is a factor to consider. In 78749, home values have risen approximately 1.3% over the past 6 months. One of the strongest data points is 5425 Korth DR, Austin TX 78749, adjusting to $764,131; with a larger floor plan. 7 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