8804 Frock CT, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $486,264. For a well positioned listing in LAURELWOOD ESTATES, I'd target the $488,000 to $492,000 range. In the current LAURELWOOD ESTATES market with 6 similar homes available, this price represents the most expensive of 6 comparable homes on the market. Being 126 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 6 similar homes currently listed in LAURELWOOD ESTATES (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 5.9% since 6 months ago. The most comparable recent sale is 8611 Devine LN, Austin TX 78748, with an adjusted value of $510,073; a strong comparable. 7 comparable transactions in LAURELWOOD ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group