1418 Alma DR, Austin TX 78753

The market data from 4 similar recent sales in COPPERFIELD points to a value of approximately $278,519. To sell within a reasonable timeframe at fair market value, the $173,000 to $183,000 range is where I'd position this. In the current COPPERFIELD market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. This home's smaller footprint (108 sqft vs the comp average) plays a role in how the market prices it. At 0.15 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Current inventory shows 4 comparable homes in COPPERFIELD; a balanced market based on recent absorption. In COPPERFIELD, home values have fallen approximately 12.2% over the past 6 months. One of the strongest data points is 1406 Byers LN, Austin TX 78753, adjusting to $283,550; a strong comparable. The 4 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