8729 Fenton DR, Austin TX 78736

Reviewing the most recent comparable transactions, this home's market value falls around $695,830. For a well positioned listing in COVERED BRIDGE, I'd target the $579,000 to $589,000 range. In the current COVERED BRIDGE market with 6 similar homes available, this price represents the 3rd most expensive of 6 comparable homes on the market. The smaller floor plan (170 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.23 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in COVERED BRIDGE, ranging from $549,000 to $849,000. Recent trends in COVERED BRIDGE show home values have fallen 9.3% since 6 months ago. The most comparable recent sale is 7324 Covered Bridge DR, Austin TX 78736, with an adjusted value of $718,255; with a larger floor plan. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group