3 recent sales in the surrounding area of this address suggest a current value of $901,302. My recommended list price range for this property would be $791,000 to $801,000. Against 7 similar active listings in 78734, this price point lands at the 3rd least expensive of 7 comparable homes on the market. The 0.52 acre lot (larger than the 0.45 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78734; a buyer's market based on recent absorption. In 78734, home values have fallen approximately 5.8% over the past 6 months. One of the strongest data points is 5214 McCormick Mountain DR, Austin TX 78734, adjusting to $936,595; a strong comparable. With 3 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group