1510 Damon RD, Austin TX 78745

The market data from 7 similar recent sales in 78745 points to a value of approximately $454,903. To sell within a reasonable timeframe at fair market value, the $477,000 to $487,000 range is where I'd position this. At this price, the property would be the most affordable of 7 comparable homes on the market comparable homes currently on the market in 78745. The 1963 construction puts this home 51 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78745 (a buyer's market), competition is a factor to consider. In 78745, home values have risen approximately 2.9% over the past 6 months. One of the strongest data points is 7711 Stephany Taylor DR, Austin TX 78745, adjusting to $461,710; a strong comparable. 7 comparable transactions in 78745 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