1511 Bedlington LN, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $405,640. For a well positioned listing in SMITHFIELD, I'd target the $275,000 to $285,000 range. With 6 comparable homes on the market in SMITHFIELD, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. The 2019 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. With 6 similar homes currently listed in SMITHFIELD (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 1402 Catalan RD, Austin TX 78748, with an adjusted value of $326,720; with a smaller floor plan. The 7 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