1221 Zacharys WAY, Austin TX 78748

The estimated value of this property is $354,814, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $273,000 and $283,000. Against 4 similar active listings in MORNINGSIDE, this price point lands at the most expensive of 4 comparable homes on the market. The 137 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2010, this home is 5 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in MORNINGSIDE; a seller's market based on recent absorption. Recent trends in MORNINGSIDE show home values have fallen 9.8% since 6 months ago. The most comparable recent sale is 11302 Robert Wooding DR, Austin TX 78748, with an adjusted value of $342,360; with a larger floor plan. With 4 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