10510 Jean DR, Austin TX 78753

The market data from 3 similar recent sales in MOCKINGBIRD HILL points to a value of approximately $224,337. To sell within a reasonable timeframe at fair market value, the $161,000 to $171,000 range is where I'd position this. Against 7 similar active listings in MOCKINGBIRD HILL, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 143 sqft size difference versus comparable sales is reflected in the adjusted values. The 1950 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in MOCKINGBIRD HILL; a buyer's market based on recent absorption. In 78753, home values have fallen approximately 5.1% over the past 6 months. One of the strongest data points is 600 W Applegate DR, Austin TX 78753, adjusting to $259,895; with a smaller floor plan. The 3 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