9802 Ochiltree DR, Austin TX 78753

After reviewing 7 recent transactions in NORTHCAPE, I estimate this property's value at $310,658. A competitive list price for this home right now would fall in the $352,000 to $363,000 range. Relative to what's currently available in NORTHCAPE, this home would be the most affordable of 3 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.20) contributes to the valuation. With 3 similar homes currently listed in NORTHCAPE (a buyer's market), competition is a factor to consider. Prices in NORTHCAPE have fallen 17.1% over the last 6 months. A similar home at 9703 Dallum DR, Austin TX 78753 carries an adjusted comparable value of $352,008, providing a strong data point. With 7 comparable sales in NORTHCAPE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group