1220 Porterfield DR, Austin TX 78753

Based on 3 closed sales in 78753, the data points to a value around $418,679 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $472,000 to $495,000. This would position the home competitively among 3 active listings in 78753. At 914 sqft larger than the typical comp, the size difference factors into the valuation. Lot size matters here: 0.20 acres versus 0.17 for the typical comp. Current inventory shows 3 comparable homes in 78753; a balanced market based on recent absorption. Market data shows 78753 prices fallen 0.6% over the last half year. The closest comparable sale, 12901 Dionysus DR, Austin TX 78753 at an adjusted $357,440, is with a smaller floor plan. The strength of this estimate comes from 3 directly comparable sales in 78753. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group