1503 38 1/2 ST, Austin TX 78722

The market data from 7 similar recent sales in DELWOOD PARK points to a value of approximately $561,706. To sell within a reasonable timeframe at fair market value, the $329,000 to $339,000 range is where I'd position this. Against 5 similar active listings in DELWOOD PARK, this price point lands at the most expensive of 5 comparable homes on the market. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. 5 similar homes are currently available in DELWOOD PARK, creating a buyer's market for this price range. In 78722, home values have fallen approximately 11.5% over the past 6 months. One of the strongest data points is 3710 Cherrywood RD, Austin TX 78722, adjusting to $644,390; a strong comparable. 7 comparable transactions in DELWOOD PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group