12316 Drummond DR, Austin TX 78754

Reviewing the most recent comparable transactions, this home's market value falls around $298,309. For a well positioned listing in EDINBURGH GARDENS, I'd target the $289,000 to $307,000 range. In the current EDINBURGH GARDENS market with 1 similar homes available, this price represents below the only comparable home currently on the market. Being 665 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 0.12 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. 1 similar homes are currently available in EDINBURGH GARDENS, creating a buyer's market for this price range. Recent trends in 78754 show home values have risen 0.7% since 6 months ago. The most comparable recent sale is 12400 Tay TER, Austin TX 78754, with an adjusted value of $261,317; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group