1109 Neans DR, Austin TX 78758

The market data from 6 similar recent sales in NEANS PLACE points to a value of approximately $383,348. To sell within a reasonable timeframe at fair market value, the $325,000 to $335,000 range is where I'd position this. Against 5 similar active listings in NEANS PLACE, this price point lands at the 3rd most expensive of 5 comparable homes on the market. This home's larger footprint (134 sqft vs the comp average) plays a role in how the market prices it. The 1961 construction puts this home 9 years older than the comp average, a factor in the pricing. Current inventory shows 5 comparable homes in NEANS PLACE; a buyer's market based on recent absorption. In 78758, home values have fallen approximately 3.7% over the past 6 months. One of the strongest data points is 1007 Neans DR, Austin TX 78758, adjusting to $300,544; with a smaller floor plan. The 6 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