1011 Floradale DR, Austin TX 78753

Reviewing the most recent comparable transactions, this home's market value falls around $313,665. For a well positioned listing in NORTH ACRES, I'd target the $348,000 to $355,000 range. In the current NORTH ACRES market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Being 202 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.32 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in NORTH ACRES; a buyer's market based on recent absorption. Recent trends in 78753 show home values have fallen 2.6% since 6 months ago. The most comparable recent sale is 9801 Ochiltree DR, Austin TX 78753, with an adjusted value of $300,238; a strong comparable. 4 comparable transactions in NORTH ACRES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group