10411 Margra LN, Austin TX 78748

The estimated value of this property is $403,330, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $459,000 and $545,000. In the current SOUTHWEST GATE market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. Built in 1973, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.37 acre lot (larger than the 0.25 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in SOUTHWEST GATE, ranging from $355,900 to $640,000. Recent trends in 78748 show home values have fallen 4% since 6 months ago. The most comparable recent sale is 10106 LINDSHIRE LN, Austin TX 78748, with an adjusted value of $545,137; a strong comparable. Based on 3 relevant data points in SOUTHWEST GATE, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX