8905 Mountain Shadows CV # 8905A, Austin TX 78735

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $393,312. Pricing this home between $332,000 and $342,000 would put it in the competitive sweet spot for 78735. This would position the home competitively among 5 active listings in 78735. Being 152 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.18 acres versus the area average of 0.28) contributes to the valuation. There are currently 5 similar homes on the market in 78735, ranging from $315,000 to $400,000. Market data shows 78735 prices fallen 13.9% over the last half year. The closest comparable sale, 7701 Rialto BLVD # 1322, Austin TX 78735 at an adjusted $372,132, is a strong comparable. The comp data here (7 sales in 78735) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus