8828 Mosquero CIR, Austin TX 78748

The market data from 6 similar recent sales in DAVIS HILL ESTATES points to a value of approximately $768,241. To sell within a reasonable timeframe at fair market value, the $545,000 to $555,000 range is where I'd position this. With 7 comparable homes on the market in DAVIS HILL ESTATES, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. At 192 sqft larger than the typical comp, the size difference factors into the valuation. The pool is a differentiator here, since 5 of 6 comparable sales didn't include one. Current inventory shows 7 comparable homes in DAVIS HILL ESTATES; a balanced market based on recent absorption. In 78748, home values have fallen approximately 3.5% over the past 6 months. One of the strongest data points is 8540 Copano DR, Austin TX 78749, adjusting to $873,928; with a larger floor plan and no pool. 6 comparable transactions in DAVIS HILL 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