1187 Sarabeth WAY, Austin TX 78721

Taking into account 3 nearby comparable sales, this property's estimated value comes to $521,075. If we were to list this property today, I'd recommend a list price in the $505,000 to $537,000 range. This home's position in the current PENN PLACE COTTAGES market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. This home's larger footprint (129 sqft vs the comp average) plays a role in how the market prices it. Being built in 2024 (5 years newer than comps) is factored into the value estimate. With 5 similar homes currently listed in PENN PLACE COTTAGES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78721: fallen 15.1%. The best comp here is 1207 Luna ST # 2, Austin TX 78721 at an adjusted value of $606,930, with a smaller floor plan. This estimate draws on 3 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus