904 Kemp Hills DR, Austin TX 78737

Based on 3 closed sales in 78737, the data points to a value around $587,347 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $501,000 to $511,000. This home's position in the current 78737 market: the most expensive of 2 comparable homes on the market among comparable properties. The smaller floor plan (155 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.50 acres versus 0.54 for the typical comp. With 2 similar homes currently listed in 78737 (a balanced market), competition is a factor to consider. Market data shows 78737 prices fallen 5.7% over the last half year. The closest comparable sale, 805 Kemp Hills DR, Austin TX 78737 at an adjusted $509,768, is with a larger floor plan. The strength of this estimate comes from 3 directly comparable sales in 78737. 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