9806 Ochiltree DR, Austin TX 78753

Based on 3 closed sales in NORTHCAPE, the data points to a value around $347,053 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $245,000 to $255,000. Buyers shopping in NORTHCAPE right now would see this as a well positioned option among 7 comparable homes. The 103 sqft size difference versus comparable sales is reflected in the adjusted values. With 7 similar homes currently listed in NORTHCAPE (a balanced market), competition is a factor to consider. Market data shows NORTHCAPE prices fallen 0.7% over the last half year. The closest comparable sale, 10003 Childress DR, Austin TX 78753 at an adjusted $329,510, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in NORTHCAPE. 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