Based on 7 closed sales in SALEM WALK, the data points to a value around $543,435 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $291,000 to $301,000. This pricing would rank the home as the most expensive of 5 comparable homes on the market in SALEM WALK's current inventory. With 5 similar homes currently listed in SALEM WALK (a balanced market), competition is a factor to consider. Market data shows SALEM WALK prices risen 65.8% over the last half year. The closest comparable sale, 5405 Hunters GLN, Austin TX 78745 at an adjusted $537,476, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus