The estimated value of this property is $428,027, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $485,000 and $489,000. Among the similar homes currently available in DITTMAR CROSSING, this price point stands out as competitive. Built in 2004, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.08 acre lot (smaller than the 0.14 acre average) is reflected in the estimate. There are currently 7 similar homes on the market in DITTMAR CROSSING, ranging from $424,000 to $537,000. Recent trends in 78748 show home values have fallen 3.7% since 6 months ago. The most comparable recent sale is 7711 Stephany Taylor DR, Austin TX 78745, with an adjusted value of $488,935; with a smaller floor plan. Based on 7 relevant data points in DITTMAR CROSSING, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX