9901 Derecho BND, Austin TX 78737

After reviewing 7 recent transactions in 78737, I estimate this property's value at $965,737. A competitive list price for this home right now would fall in the $544,000 to $554,000 range. Buyers shopping in 78737 right now would see this as a well positioned option among 5 comparable homes. At 9 years newer than typical comps, the 2012 build date influences the valuation. The larger lot (1.00 acres versus the area average of 0.62) contributes to the valuation. With 5 similar homes currently listed in 78737 (a balanced market), competition is a factor to consider. Prices in 78737 have risen 1.3% over the last 6 months. A similar home at 9943 Derecho DR, Austin TX 78737 carries an adjusted comparable value of $988,508, providing a strong data point. With 7 comparable sales in 78737, 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