8724 Escabosa DR, Austin TX 78748

The market data from 7 similar recent sales in DAVIS HILL ESTATES points to a value of approximately $661,572. To sell within a reasonable timeframe at fair market value, the $648,000 to $675,000 range is where I'd position this. Against 5 similar active listings in DAVIS HILL ESTATES, this price point lands at the 2nd most expensive of 5 comparable homes on the market. At 305 sqft larger than the typical comp, the size difference factors into the valuation. The 1994 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in DAVIS HILL ESTATES have 5 comparable options right now, with asking prices between $414,900 and $735,000. In 78748, home values have risen approximately 0.5% over the past 6 months. One of the strongest data points is 4301 Hoffman DR, Austin TX 78749, adjusting to $626,522; with a larger floor plan. 7 comparable transactions in DAVIS HILL ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group