7 recent sales within half a mile of this address suggest a current value of $386,205. My recommended list price range for this property would be $378,000 to $394,000. With 4 comparable homes on the market in WALNUT FOREST, this price positions the property as the most expensive of 4 comparable homes on the market. At 144 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1955, this home is 5 years older than the average comp, which is reflected in the adjustments. Buyers in WALNUT FOREST have 4 comparable options right now, with asking prices between $250,000 and $420,000. In 78753, home values have fallen approximately 4.3% over the past 6 months. One of the strongest data points is 704 Wren Ave, Austin TX 78753, adjusting to $391,265; a strong comparable. 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