9802 Royal CT, Austin TX 78724

Reviewing the most recent comparable transactions, this home's market value falls around $387,762. For a well positioned listing in 78724, I'd target the $240,000 to $250,000 range. Against 5 similar active listings in 78724, this price point lands at the most expensive of 5 comparable homes on the market. The smaller floor plan (524 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2004 construction puts this home 8 years older than the comp average, a factor in the pricing. 5 similar homes are currently available in 78724, creating a buyer's market for this price range. Recent trends in 78724 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 5129 English Glade DR, Austin TX 78724, with an adjusted value of $315,089; with a larger floor plan. 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