9105 N Madrone TRL, Austin TX 78737

The market data from 7 similar recent sales in BEAR CREEK OAKS points to a value of approximately $713,976. To sell within a reasonable timeframe at fair market value, the $455,000 to $465,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in BEAR CREEK OAKS. At 248 sqft smaller than the typical comp, the size difference factors into the valuation. The 1981 construction puts this home 9 years older than the comp average, a factor in the pricing. With 7 similar homes currently listed in BEAR CREEK OAKS (a balanced market), competition is a factor to consider. In 78737, home values have risen approximately 1.3% over the past 6 months. One of the strongest data points is 9300 N Madrone TRL, Austin TX 78737, adjusting to $711,723; a strong comparable. 7 comparable transactions in BEAR CREEK OAKS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group