1405 Payton Falls DR, Austin TX 78754

My analysis of 3 comparable properties puts this home's estimated value at $435,781. Based on how the local market is moving, a list price between $454,000 and $455,000 would position this home well. This home's position in the current PIONEER CROSSING market: the 3rd most expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (413 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in PIONEER CROSSING; a buyer's market based on recent absorption. The 6 month price trend in 78754: fallen 5.7%. The best comp here is 11113 Harvest Time DR, Austin TX 78754 at an adjusted value of $455,683, with a smaller floor plan. With 3 comparable sales in PIONEER CROSSING, 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