1006 Salem LN, Austin TX 78753

My analysis of 7 comparable properties puts this home's estimated value at $411,566. Based on how the local market is moving, a list price between $500,000 and $515,000 would position this home well. Relative to what's currently available in NORTH ACRES, this home would be the most affordable of 4 comparable homes on the market. The larger lot (0.30 acres versus the area average of 0.26) contributes to the valuation. 4 similar homes are currently available in NORTH ACRES, creating a buyer's market for this price range. The 6 month price trend in NORTH ACRES: fallen 7.4%. The best comp here is 1109 Hollybluff ST, Austin TX 78753 at an adjusted value of $359,694, a strong comparable. With 7 comparable sales in NORTH ACRES, 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