The comparable sales data (3 recent transactions in LINCOLN GARDENS) supports an estimated value of $495,655. The data suggests a list price between $486,000 and $506,000 would attract qualified buyers without leaving money on the table. Buyers shopping in LINCOLN GARDENS right now would see this as a well positioned option among 3 comparable homes. Being built in 2016 (5 years older than comps) is factored into the value estimate. Buyers in LINCOLN GARDENS have 3 comparable options right now, with asking prices between $339,000 and $405,000. Prices in 78721 have risen 7.1% over the last 6 months. A similar home at 1218 Eleanor ST # 2, Austin TX 78721 carries an adjusted comparable value of $500,351, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in LINCOLN GARDENS. 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