9302 N Madrone TRL, Austin TX 78737

Reviewing the most recent comparable transactions, this home's market value falls around $631,731. For a well positioned listing in 78737, I'd target the $466,000 to $476,000 range. With 1 comparable homes on the market in 78737, this price positions the property as below the only comparable home currently on the market. Being 356 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2001 construction puts this home 10 years newer than the comp average, a factor in the pricing. With 1 similar homes currently listed in 78737 (a balanced market), competition is a factor to consider. Recent trends in 78737 show home values have fallen 3% since 6 months ago. The most comparable recent sale is 14717 Crosscreek DR, Austin TX 78737, with an adjusted value of $713,502; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group