1131 Map ST # 1, Austin TX 78721

The market data from 6 similar recent sales in PECAN VALLEY points to a value of approximately $544,030. To sell within a reasonable timeframe at fair market value, the $543,000 to $586,000 range is where I'd position this. In the current PECAN VALLEY market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. At 135 sqft larger than the typical comp, the size difference factors into the valuation. At 0.07 acres, the lot is smaller than the 0.10 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in PECAN VALLEY, ranging from $479,000 to $600,000. In 78721, home values have fallen approximately 13.3% over the past 6 months. One of the strongest data points is 1145 Shady LN # 1B, Austin TX 78721, adjusting to $523,908; 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