8713 ESCABOSA DR, Austin TX 78748

Based on 7 closed sales in 78748, the data points to a value around $675,970 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $442,000 to $452,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78748's current inventory. At 255 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 7 comparable homes in 78748; a balanced market based on recent absorption. Market data shows 78748 prices fallen 5% over the last half year. The closest comparable sale, 3320 Silkgrass BND, Austin TX 78748 at an adjusted $610,755, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78748. 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