Reviewing the most recent comparable transactions, this home's market value falls around $335,240. For a well positioned listing in NORTH ACRES, I'd target the $414,000 to $436,000 range. Among the similar homes currently available in NORTH ACRES, this price point stands out as competitive. The 1955 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.35 acres, the lot is larger than the 0.28 acre comp average, which factors into pricing. There are currently 6 similar homes on the market in NORTH ACRES, ranging from $330,000 to $585,000. Recent trends in 78753 show home values have fallen 0.2% since 6 months ago. The most comparable recent sale is 901 Berrywood DR, Austin TX 78753, with an adjusted value of $280,779; a strong comparable. 4 comparable transactions in NORTH ACRES 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