9208 Madrone Ranch TRL, Austin TX 78738

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $1,701,520. I'd recommend coming to market at $1,436,000 to $1,446,000 to strike the right balance between value and market velocity. Among the similar homes currently available in MADRONE RANCH, this price point stands out as competitive. The larger floor plan (794 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 2007, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in MADRONE RANCH includes 4 comparable homes priced from $1,499,000 to $2,850,000. The trend in 78738 shows prices have fallen 1% in the past 6 months. 15729 De Fortuna DR, Bee Cave TX 78738 nearby adjusts to $1,063,983; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group