1404 Caladendra DR, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $248,397. For a well positioned listing in COUNTRY CLUB GARDENS, I'd target the $135,000 to $145,000 range. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in COUNTRY CLUB GARDENS. At 310 sqft smaller than the typical comp, the size difference factors into the valuation. The 1987 construction puts this home 11 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in COUNTRY CLUB GARDENS; a buyer's market based on recent absorption. Recent trends in 78741 show home values have fallen 2.3% since 6 months ago. The most comparable recent sale is 1205 Begonia TER, Austin TX 78741, with an adjusted value of $302,575; with a larger floor plan. The 7 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