1131 Map ST # 2, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $445,665. For a well positioned listing in PECAN VALLEY, I'd target the $276,000 to $286,000 range. In the current PECAN VALLEY market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 2018 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PECAN VALLEY; a buyer's market based on recent absorption. Recent trends in 78721 show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 5203 Star Light TER # 2, Austin TX 78721, with an adjusted value of $485,440; 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