8900 N Madrone TRL, Austin TX 78737

Reviewing the most recent comparable transactions, this home's market value falls around $766,036. For a well positioned listing in 78737, I'd target the $743,000 to $789,000 range. Against 1 similar active listings in 78737, this price point lands at below the only comparable home currently on the market. At 293 sqft larger than the typical comp, the size difference factors into the valuation. At 5.08 acres, the lot is larger than the 0.43 acre comp average, which factors into pricing. With 1 similar homes currently listed in 78737 (a balanced market), competition is a factor to consider. Recent trends in 78737 show home values have risen 1.3% since 6 months ago. The most comparable recent sale is 211 Heritage DR, Austin TX 78737, with an adjusted value of $967,742; with a pool. 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