After reviewing 7 recent transactions in ARBORETUM PARK RESIDENTIAL SUB CONDO, I estimate this property's value at $316,085. A competitive list price for this home right now would fall in the $222,000 to $232,000 range. This pricing would rank the home as the 3rd most expensive of 6 comparable homes on the market in ARBORETUM PARK RESIDENTIAL SUB CONDO's current inventory. Being 315 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 10 years newer than typical comps, the 2009 build date influences the valuation. 6 similar homes are currently available in ARBORETUM PARK RESIDENTIAL SUB CONDO, creating a balanced market for this price range. Prices in 78750 have fallen 9.2% over the last 6 months. A similar home at 9707 Anderson Mill RD # 1, Austin TX 78750 carries an adjusted comparable value of $310,920, providing a strong data point. The comp data here (7 sales in ARBORETUM PARK RESIDENTIAL SUB CONDO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
