The market data from 7 similar recent sales in OLYMPIC HEIGHTS WEST points to a value of approximately $380,961. To sell within a reasonable timeframe at fair market value, the $308,000 to $318,000 range is where I'd position this. Against 6 similar active listings in OLYMPIC HEIGHTS WEST, this price point lands at the 3rd most expensive of 6 comparable homes on the market. Current inventory shows 6 comparable homes in OLYMPIC HEIGHTS WEST; a balanced market based on recent absorption. In 78748, home values have fallen approximately 4.7% over the past 6 months. One of the strongest data points is 11505 Buster Crabbe DR, Austin TX 78748, adjusting to $393,806; a strong comparable. 7 comparable transactions in OLYMPIC HEIGHTS WEST 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