1128 Walton LN # 1, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $767,891. For a well positioned listing in 78721, I'd target the $549,000 to $559,000 range. With 4 comparable homes on the market in 78721, this price positions the property as the most expensive of 4 comparable homes on the market. Being 474 sqft larger than the average comparable sale in this area impacts the per square foot value. The 2018 construction puts this home 50 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in 78721, listed between $520,000 and $700,000. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 2903 Breeze # 1, Austin TX 78722, with an adjusted value of $906,154; a strong comparable. 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