12904 DAKOTA LN, Austin TX 78729

After reviewing 7 recent transactions in 78729, I estimate this property's value at $442,088. A competitive list price for this home right now would fall in the $381,000 to $391,000 range. This home's position in the current 78729 market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. At 9 years older than typical comps, the 1976 build date influences the valuation. The larger lot (0.35 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in 78729 (a balanced market), competition is a factor to consider. Prices in 78729 have risen 2.2% over the last 6 months. A similar home at 6900 Tesoro TRL, Austin TX 78729 carries an adjusted comparable value of $490,710, providing a strong data point. With 7 comparable sales in 78729, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group