124 Thelonious DR, Austin TX 78745

The market data from 3 similar recent sales in 7300 SOUTH CONGRESS points to a value of approximately $361,228. To sell within a reasonable timeframe at fair market value, the $354,000 to $368,000 range is where I'd position this. With 5 comparable homes on the market in 7300 SOUTH CONGRESS, this price positions the property as the most affordable of 5 comparable homes on the market. The 2019 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. There are currently 5 similar homes on the market in 7300 SOUTH CONGRESS, ranging from $385,000 to $649,000. In 78745, home values have fallen approximately 4.3% over the past 6 months. One of the strongest data points is 8521 Chick Pea LN, Austin TX 78748, adjusting to $365,832; a strong comparable. The 3 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