1015 Neans DR, Austin TX 78758

Reviewing the most recent comparable transactions, this home's market value falls around $327,042. For a well positioned listing in NEANS PLACE, I'd target the $239,000 to $249,000 range. With 7 comparable homes on the market in NEANS PLACE, this price positions the property as the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (198 sqft vs the comp average) plays a role in how the market prices it. The 1959 construction puts this home 7 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in NEANS PLACE; a buyer's market based on recent absorption. Recent trends in 78758 show home values have fallen 4.9% since 6 months ago. The most comparable recent sale is 1007 Neans DR, Austin TX 78758, with an adjusted value of $282,368; 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