8713 S View RD, Austin TX 78737

Based on 3 closed sales in SOUTH VIEW ESTATES, the data points to a value around $1,571,311 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $1,325,000 to $1,335,000. Buyers shopping in SOUTH VIEW ESTATES right now would see this as a well positioned option among 4 comparable homes. This home's larger footprint (423 sqft vs the comp average) plays a role in how the market prices it. Being built in 2012 (6 years newer than comps) is factored into the value estimate. With 4 similar homes currently listed in SOUTH VIEW ESTATES (a balanced market), competition is a factor to consider. Market data shows 78737 prices risen 1.3% over the last half year. The closest comparable sale, 10120 Rimstone TRL, Austin TX 78736 at an adjusted $1,058,460, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in SOUTH VIEW ESTATES. 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