8701 Escarpment BLVD # 131, 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. This pricing would rank the home as the most expensive of 7 comparable homes on the market in DAVIS PLACE TWNHMS's current inventory. 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. Buyers in DAVIS PLACE TWNHMS have 7 comparable options right now, with asking prices between $375,000 and $534,000. 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. The strength of this estimate comes from 7 directly comparable sales in DAVIS PLACE TWNHMS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group