10414 Margra LN, Austin TX 78748

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $347,983. Pricing this home between $281,000 and $291,000 would put it in the competitive sweet spot for SOUTHWEST GATE. Buyers shopping in SOUTHWEST GATE right now would see this as a well positioned option among 7 comparable homes. The smaller floor plan (174 sqft compared to the average comp) is a meaningful differentiator in this price range. At 7 years older than typical comps, the 1973 build date influences the valuation. Current inventory shows 7 comparable homes in SOUTHWEST GATE; a balanced market based on recent absorption. Market data shows 78748 prices fallen 1.4% over the last half year. The closest comparable sale, 10010 Gail RD, Austin TX 78748 at an adjusted $197,723, is a strong comparable. With 3 comparable sales in SOUTHWEST GATE, 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