8909 Black Oak ST, Austin TX 78729

Based on 3 closed sales in 78729, the data points to a value around $407,083 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $406,000 to $421,000. This pricing would rank the home as the most expensive of 4 comparable homes on the market in 78729's current inventory. This home's smaller footprint (133 sqft vs the comp average) plays a role in how the market prices it. There are currently 4 similar homes on the market in 78729, ranging from $379,900 to $439,999. Market data shows 78729 prices fallen 0.2% over the last half year. The closest comparable sale, 8815 Cainwood LN, Austin TX 78729 at an adjusted $388,437, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in 78729. 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