8800 N Madrone TRL, Austin TX 78737

The market data from 7 similar recent sales in 78737 points to a value of approximately $877,254. To sell within a reasonable timeframe at fair market value, the $729,000 to $739,000 range is where I'd position this. In the current 78737 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1990 construction puts this home 17 years older than the comp average, a factor in the pricing. At 6.16 acres, the lot is larger than the 0.46 acre comp average, which factors into pricing. The active market in 78737 includes 7 comparable homes priced from $649,000 to $1,160,000. In 78737, home values have risen approximately 2.4% over the past 6 months. One of the strongest data points is 170 Brighton LN, Austin TX 78737, adjusting to $883,600; with a larger floor plan. The 7 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