9800 Glenlake DR, Austin TX 78730

The market data from 7 similar recent sales in GLENLAKE points to a value of approximately $935,576. To sell within a reasonable timeframe at fair market value, the $801,000 to $811,000 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 GLENLAKE. The 1985 construction puts this home 9 years older than the comp average, a factor in the pricing. At 3.57 acres, the lot is larger than the 0.72 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in GLENLAKE; a buyer's market based on recent absorption. In 78730, home values have fallen approximately 7.2% over the past 6 months. One of the strongest data points is 5116 Eagle Trace TRL, Austin TX 78730, adjusting to $1,042,028; with a smaller floor plan. 7 comparable transactions in GLENLAKE 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