9505 Newberry DR, Austin TX 78729

Based on 5 closed sales in VILLAGE OAKS, the data points to a value around $466,654 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $453,000 to $481,000. Buyers shopping in VILLAGE OAKS right now would see this as a well positioned option among 3 comparable homes. At 178 sqft larger than the typical comp, the size difference factors into the valuation. Being built in 1976 (6 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in VILLAGE OAKS; a balanced market based on recent absorption. Market data shows 78729 prices risen 2.9% over the last half year. The closest comparable sale, 9424 Shady Oaks DR, Austin TX 78729 at an adjusted $443,899, is with a smaller floor plan. The strength of this estimate comes from 5 directly comparable sales in VILLAGE OAKS. 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