1012 Ellingson LN, Austin TX 78751

Reviewing the most recent comparable transactions, this home's market value falls around $806,063. For a well positioned listing in MAYFAIR TERRACE, I'd target the $654,000 to $664,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in MAYFAIR TERRACE. At 136 sqft larger than the typical comp, the size difference factors into the valuation. The 1942 construction puts this home 5 years newer than the comp average, a factor in the pricing. Buyers in MAYFAIR TERRACE have 3 comparable options right now, with asking prices between $649,000 and $1,185,000. Recent trends in 78751 show home values have risen 5.8% since 6 months ago. The most comparable recent sale is 830 Harris Ave, Austin TX 78705, with an adjusted value of $889,376; a strong comparable. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group