16028 Larustinus ST, Austin TX 78724

Based on 6 closed sales in ELM PARK, the data points to a value around $311,805 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $321,000 to $329,000. Relative to what's currently available in ELM PARK, this home would be the 3rd most expensive of 5 comparable homes on the market. Lot size matters here: 0.00 acres versus 0.11 for the typical comp. The active market in ELM PARK includes 5 comparable homes priced from $289,900 to $369,115. Market data shows ELM PARK prices risen 8.8% over the last half year. The closest comparable sale, 16029 Narcissus WAY, Austin TX 78725 at an adjusted $321,285, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in ELM PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group