Based on 3 closed sales in 78758, the data points to a value around $501,889 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $536,000 to $664,000. Buyers shopping in 78758 right now would see this as a well positioned option among 4 comparable homes. At 107 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.12 acres versus 0.17 for the typical comp. Current inventory shows 4 comparable homes in 78758; a buyer's market based on recent absorption. Market data shows 78758 prices fallen 4.6% over the last half year. The closest comparable sale, 1402 Monica ST, Austin TX 78758 at an adjusted $462,535, is 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