11912 Reedsport TRL, Austin TX 78754

My analysis of 6 comparable properties puts this home's estimated value at $349,812. Based on how the local market is moving, a list price between $342,000 and $359,000 would position this home well. This home's position in the current 78754 market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The larger lot (0.22 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in 78754 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78754: fallen 6.3%. The best comp here is 11729 Arran ST, Austin TX 78754 at an adjusted value of $394,253, with a larger floor plan. With 6 comparable sales in 78754, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group