Based on 7 closed sales in 78717, the data points to a value around $421,731 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $496,000 to $516,000. This would position the home competitively among 7 active listings in 78717. Lot size matters here: 0.00 acres versus 0.14 for the typical comp. With 7 similar homes currently listed in 78717 (a buyer's market), competition is a factor to consider. Market data shows 78717 prices fallen 0.4% over the last half year. The closest comparable sale, 14420 Ballycastle TRL, Austin TX 78717 at an adjusted $456,773, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78717. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available.
Ed Neuhaus, Neuhaus Realty Group
