8708 Escabosa DR, Austin TX 78748

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $708,032. Pricing this home between $449,000 and $459,000 would put it in the competitive sweet spot for DAVIS HILL ESTATES. This would position the home competitively among 7 active listings in DAVIS HILL ESTATES. At 111 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.16 acres versus the area average of 0.20) contributes to the valuation. With 7 similar homes currently listed in DAVIS HILL ESTATES (a balanced market), competition is a factor to consider. Market data shows 78748 prices fallen 3% over the last half year. The closest comparable sale, 8540 Copano DR, Austin TX 78749 at an adjusted $779,447, is with a larger floor plan. With 5 comparable sales in DAVIS HILL ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group