The estimated value of this property is $273,135, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $188,000 and $198,000. Against 7 similar active listings in COPPERFIELD TOWNHOMES, this price point lands at the 3rd most expensive of 7 comparable homes on the market. This home's smaller footprint (746 sqft vs the comp average) plays a role in how the market prices it. Built in 1986, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in COPPERFIELD TOWNHOMES includes 7 comparable homes priced from $179,000 to $324,750. Recent trends in 78753 show home values have fallen 3.5% since 6 months ago. The most comparable recent sale is 1007 MARKHAM LN # A, Austin TX 78753, with an adjusted value of $231,036; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group