1123 Omega ST # 1, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $742,521. For a well positioned listing in MOORE D, I'd target the $351,000 to $361,000 range. In the current MOORE D market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. Being 510 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 2019 construction puts this home 16 years newer than the comp average, a factor in the pricing. With 4 similar homes currently listed in MOORE D (a buyer's market), competition is a factor to consider. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 87 Chalmers Ave, Austin TX 78702, with an adjusted value of $684,831; 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