8800 FROCK CT, Austin TX 78748

After reviewing 7 recent transactions in LAURELWOOD ESTATES, I estimate this property's value at $507,771. A competitive list price for this home right now would fall in the $535,000 to $542,000 range. Relative to what's currently available in LAURELWOOD ESTATES, this home would be the 2nd most expensive of 4 comparable homes on the market. The 429 sqft size difference versus comparable sales is reflected in the adjusted values. The larger lot (0.25 acres versus the area average of 0.15) contributes to the valuation. Right now, 4 similar properties are competing for buyers in LAURELWOOD ESTATES, listed between $424,000 and $595,000. Prices in LAURELWOOD ESTATES have risen 3.5% over the last 6 months. A similar home at 8917 Kimono Ridge DR, Austin TX 78748 carries an adjusted comparable value of $431,008, providing a strong data point. With 7 comparable sales in LAURELWOOD ESTATES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group