8701 Escarpment BLVD # 111, Austin TX 78749

Based on 7 closed sales in DAVIS PLACE TWNHMS, the data points to a value around $502,893 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $383,000 to $393,000. Buyers shopping in DAVIS PLACE TWNHMS right now would see this as a well positioned option among 7 comparable homes. This home's smaller footprint (142 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (13 years newer than comps) is factored into the value estimate. With 7 similar homes currently listed in DAVIS PLACE TWNHMS (a balanced market), competition is a factor to consider. Market data shows 78749 prices risen 3.3% over the last half year. The closest comparable sale, 8701 Escarpment BLVD # 73, Austin TX 78749 at an adjusted $323,712, is with a larger floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus