11903 Bell Ave, Austin TX 78759

The market data from 7 similar recent sales in SUMMIT OAKS points to a value of approximately $700,720. To sell within a reasonable timeframe at fair market value, the $828,000 to $845,000 range is where I'd position this. Against 7 similar active listings in SUMMIT OAKS, this price point lands at the most affordable of 7 comparable homes on the market. The 1962 construction puts this home 21 years older than the comp average, a factor in the pricing. At 0.54 acres, the lot is larger than the 0.46 acre comp average, which factors into pricing. With 7 similar homes currently listed in SUMMIT OAKS (a balanced market), competition is a factor to consider. In 78759, home values have risen approximately 5.3% over the past 6 months. One of the strongest data points is 11801 Bell Ave, Austin TX 78759, adjusting to $644,009; with a smaller floor plan. 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