Based on 7 closed sales in PAYNE LLOYD, the data points to a value around $828,032 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $695,000 to $705,000. Buyers shopping in PAYNE LLOYD right now would see this as a well positioned option among 7 comparable homes. Being 253 sqft smaller than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.30 acres versus 0.12 for the typical comp. Buyers in PAYNE LLOYD have 7 comparable options right now, with asking prices between $650,000 and $1,070,000. Market data shows 78741 prices fallen 1.1% over the last half year. The closest comparable sale, 1402 Parker LN, Austin TX 78741 at an adjusted $445,305, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus