1110 Marcy ST, Austin TX 78745

After reviewing 6 recent transactions in BANISTER ACRES, I estimate this property's value at $477,702. A competitive list price for this home right now would fall in the $710,000 to $715,000 range. Buyers shopping in BANISTER ACRES right now would see this as a well positioned option among 7 comparable homes. The 101 sqft size difference versus comparable sales is reflected in the adjusted values. At 7 years older than typical comps, the 1952 build date influences the valuation. Right now, 7 similar properties are competing for buyers in BANISTER ACRES, listed between $650,000 and $999,999. Prices in 78745 have fallen 5.2% over the last 6 months. A similar home at 4623 Philco DR, Austin TX 78745 carries an adjusted comparable value of $426,642, providing a strong data point. With 6 comparable sales in BANISTER ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group