1131 Map ST # 2, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $409,609. For a well positioned listing in PECAN VALLEY, I'd target the $489,000 to $551,000 range. In the current PECAN VALLEY market with 3 similar homes available, this price represents the most affordable of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.21 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in PECAN VALLEY; a buyer's market based on recent absorption. Recent trends in 78721 show home values have fallen 14.6% since 6 months ago. The most comparable recent sale is 5203 Star Light TER # 2, Austin TX 78721, with an adjusted value of $485,437; a strong comparable. The 3 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