8802 Scarlet CIR, Austin TX 78737

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $749,182. I'd recommend coming to market at $1,118,000 to $1,148,000 to strike the right balance between value and market velocity. Among the similar homes currently available in ASHLEY OAKS, this price point stands out as competitive. Built in 1982, this home is 24 years older than the average comp, which is reflected in the adjustments. The 1.90 acre lot (larger than the 0.21 acre average) is reflected in the estimate. With 7 similar homes currently listed in ASHLEY OAKS (a balanced market), competition is a factor to consider. The trend in 78737 shows prices have risen 1.3% in the past 6 months. 7200 Moon Rock RD, Austin TX 78739 nearby adjusts to $764,578; a strong comparable. Based on 7 relevant data points in ASHLEY OAKS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX