11501 Randy RD, Austin TX 78726

Reviewing the most recent comparable transactions, this home's market value falls around $915,739. For a well positioned listing in 78726, I'd target the $714,000 to $724,000 range. With 7 comparable homes on the market in 78726, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1965 construction puts this home 10 years older than the comp average, a factor in the pricing. At 1.53 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78726, listed between $650,000 and $1,150,000. Recent trends in 78726 show home values have fallen 5.6% since 6 months ago. The most comparable recent sale is 9112 Balcones Club DR, Austin TX 78750, with an adjusted value of $987,688; a strong comparable. The 7 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