8917 Old Lampasas TRL # 27, Austin TX 78750

After reviewing 7 recent transactions in BULL CREEK RANCH CONDO, I estimate this property's value at $631,226. A competitive list price for this home right now would fall in the $363,000 to $373,000 range. Relative to what's currently available in BULL CREEK RANCH CONDO, this home would be the 2nd most expensive of 7 comparable homes on the market. At 20 years newer than typical comps, the 2004 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.33) contributes to the valuation. Current inventory shows 7 comparable homes in BULL CREEK RANCH CONDO; a balanced market based on recent absorption. Prices in 78750 have fallen 15% over the last 6 months. A similar home at 10100 Talleyran DR, Austin TX 78750 carries an adjusted comparable value of $570,612, providing a strong data point. With 7 comparable sales in BULL CREEK RANCH CONDO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group