The estimated value of this property is $502,554, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $557,000 and $568,000. In the current MESA PARK market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. With 5 similar homes currently listed in MESA PARK (a balanced market), competition is a factor to consider. Recent trends in MESA PARK show home values have risen 3% since 6 months ago. The most comparable recent sale is 11718 Running Fox TRL, Austin TX 78759, with an adjusted value of $416,638; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group