Reviewing the most recent comparable transactions, this home's market value falls around $364,866. For a well positioned listing in SOUTHWEST PARK, I'd target the $378,000 to $383,000 range. Against 6 similar active listings in SOUTHWEST PARK, this price point lands at the 2nd most expensive of 6 comparable homes on the market. 6 similar homes are currently available in SOUTHWEST PARK, creating a buyer's market for this price range. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 1204 Dunstan DR, Austin TX 78745, with an adjusted value of $402,615; a strong comparable. The 7 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