1119 Walton LN # A, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $540,529. For a well positioned listing in 78721, I'd target the $408,000 to $418,000 range. In the current 78721 market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. The larger floor plan (215 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.17 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. The active market in 78721 includes 7 comparable homes priced from $375,000 to $650,000. Recent trends in 78721 show home values have risen 12.5% since 6 months ago. The most comparable recent sale is 505 Kemp ST # A, Austin TX 78741, with an adjusted value of $535,212; with a smaller floor plan. The 5 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