1038 VERBENA, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $359,957. Based on how the local market is moving, a list price between $385,000 and $399,000 would position this home well. Relative to what's currently available in VILLAS OF ANDERSON MILL COND, this home would be the 3rd most expensive of 5 comparable homes on the market. At 5 years newer than typical comps, the 1981 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. The active market in VILLAS OF ANDERSON MILL COND includes 5 comparable homes priced from $299,750 to $429,000. The 6 month price trend in 78750: risen 3.7%. The best comp here is 11509 Sandy Loam TRL, Austin TX 78750 at an adjusted value of $369,887, a strong comparable. With 7 comparable sales in VILLAS OF ANDERSON MILL COND, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group