1105 Mahan DR, Austin TX 78721

Based on 7 closed sales in PECAN GROVE, the data points to a value around $470,971 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $299,000 to $309,000. This home's position in the current PECAN GROVE market: the most expensive of 5 comparable homes on the market among comparable properties. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.24 acres versus 0.08 for the typical comp. The active market in PECAN GROVE includes 5 comparable homes priced from $289,900 to $449,000. Market data shows 78721 prices fallen 5% over the last half year. The closest comparable sale, 5401 Stuart Cir DR # 1, Austin TX 78721 at an adjusted $361,153, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PECAN GROVE. 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