8701 Escarpment BLVD # 113, Austin TX 78749

The estimated value of this property is $580,415, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $389,000 and $399,000. Against 7 similar active listings in DAVIS PLACE TWNHMS, this price point lands at the 2nd most expensive of 7 comparable homes on the market. Being 199 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2006, this home is 9 years newer than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in DAVIS PLACE TWNHMS, creating a balanced market for this price range. Recent trends in 78749 show home values have risen 3.3% since 6 months ago. The most comparable recent sale is 5730 Taylorcrest DR, Austin TX 78749, with an adjusted value of $565,805; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group