Reviewing the most recent comparable transactions, this home's market value falls around $469,634. For a well positioned listing in PARKSIDE SLAUGHTER CREEK, I'd target the $496,000 to $516,000 range. With 6 comparable homes on the market in PARKSIDE SLAUGHTER CREEK, this price positions the property as the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (453 sqft vs the comp average) plays a role in how the market prices it. 6 similar homes are currently available in PARKSIDE SLAUGHTER CREEK, creating a buyer's market for this price range. Recent trends in 78747 show home values have fallen 11% since 6 months ago. The most comparable recent sale is 2108 Charlotte Estates DR, Austin TX 78744, with an adjusted value of $496,410; with a smaller floor plan. The 4 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