1121 Omega ST # 2, Austin TX 78721

The market data from 7 similar recent sales in MOORE D points to a value of approximately $884,542. To sell within a reasonable timeframe at fair market value, the $530,000 to $540,000 range is where I'd position this. With 5 comparable homes on the market in MOORE D, this price positions the property as the most expensive of 5 comparable homes on the market. This home's smaller footprint (206 sqft vs the comp average) plays a role in how the market prices it. The 2019 construction puts this home 15 years newer than the comp average, a factor in the pricing. The active market in MOORE D includes 5 comparable homes priced from $525,000 to $749,900. In 78721, home values have fallen approximately 7.5% over the past 6 months. One of the strongest data points is 1102 Tillery ST # 1, Austin TX 78702, adjusting to $645,338; with a smaller floor plan. 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