The estimated value of this property is $438,336, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $425,000 and $451,000. At this price, the property would be the most affordable of 3 comparable homes on the market comparable homes currently on the market in 78717. The 0.00 acre lot (smaller than the 0.20 acre average) is reflected in the estimate. Buyers in 78717 have 3 comparable options right now, with asking prices between $509,900 and $695,000. Recent trends in 78717 show home values have fallen 0.4% since 6 months ago. The most comparable recent sale is 16839 Luckenwald DR, Round Rock TX 78681, with an adjusted value of $451,768; a strong comparable. Based on 7 relevant data points in 78717, 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
