After reviewing 7 recent transactions in 78729, I estimate this property's value at $365,312. A competitive list price for this home right now would fall in the $422,000 to $502,000 range. Buyers shopping in 78729 right now would see this as a well positioned option among 7 comparable homes. The smaller lot (0.04 acres versus the area average of 0.13) contributes to the valuation. There are currently 7 similar homes on the market in 78729, ranging from $325,000 to $599,000. Prices in 78729 have risen 2.9% over the last 6 months. A similar home at 8540 White Ibis DR, Austin TX 78729 carries an adjusted comparable value of $422,321, providing a strong data point. The comp data here (7 sales in 78729) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus
