1205 Salem Park CT, Austin TX 78745

The estimated value of this property is $473,213, based on 6 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $519,000 and $534,000. In the current SALEM CENTER OF LT B-1 market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The 0.10 acre lot (smaller than the 0.13 acre average) is reflected in the estimate. With 5 similar homes currently listed in SALEM CENTER OF LT B-1 (a buyer's market), competition is a factor to consider. Recent trends in 78745 show home values have fallen 6.7% since 6 months ago. The most comparable recent sale is 6715 Windrift WAY # 29, Austin TX 78745, with an adjusted value of $395,134; a strong comparable. With 6 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group