8900 Tara LN, Austin TX 78737

Based on 7 closed sales in ASHLEY OAKS, the data points to a value around $691,817 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $401,000 to $411,000. This would position the home competitively among 7 active listings in ASHLEY OAKS. Being built in 1998 (17 years newer than comps) is factored into the value estimate. Lot size matters here: 1.92 acres versus 1.62 for the typical comp. The active market in ASHLEY OAKS includes 7 comparable homes priced from $400,000 to $1,100,000. Market data shows 78737 prices fallen 3% over the last half year. The closest comparable sale, 7903 Espanola TRL, Austin TX 78737 at an adjusted $735,385, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in ASHLEY OAKS. 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