8716 Escabosa DR, Austin TX 78748

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $682,076. I'd recommend coming to market at $451,000 to $461,000 to strike the right balance between value and market velocity. Against 7 similar active listings in DAVIS HILL ESTATES, this price point lands at the 3rd most expensive of 7 comparable homes on the market. At 215 sqft larger than the typical comp, the size difference factors into the valuation. The 0.16 acre lot (smaller than the 0.19 acre average) is reflected in the estimate. Buyers in DAVIS HILL ESTATES have 7 comparable options right now, with asking prices between $440,000 and $735,000. The trend in 78748 shows prices have fallen 2.7% in the past 6 months. 3320 Silkgrass BND, Austin TX 78748 nearby adjusts to $608,791; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group