8801 Royalwood DR, Austin TX 78750

Based on 7 closed sales in TANGLEWOOD ESTATES, the data points to a value around $1,036,246 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $824,000 to $834,000. This would position the home competitively among 6 active listings in TANGLEWOOD ESTATES. Being built in 1991 (8 years newer than comps) is factored into the value estimate. Lot size matters here: 0.53 acres versus 0.35 for the typical comp. The active market in TANGLEWOOD ESTATES includes 6 comparable homes priced from $749,000 to $1,249,900. The closest comparable sale, 11507 Kempwood DR, Austin TX 78750 at an adjusted $831,956, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in TANGLEWOOD ESTATES. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group