11400 Sombrero DR, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $355,791. For a well positioned listing in SAN LEANNA ESTATES, I'd target the $303,000 to $313,000 range. With 7 comparable homes on the market in SAN LEANNA ESTATES, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1960 construction puts this home 47 years older than the comp average, a factor in the pricing. At 1.04 acres, the lot is larger than the 0.27 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SAN LEANNA ESTATES; a balanced market based on recent absorption. Recent trends in 78748 show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 647 W FM 1626, Austin TX 78748, with an adjusted value of $405,443; with a larger floor plan. 7 comparable transactions in SAN LEANNA ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group