16029 Larustinus ST, Austin TX 78724

The estimated value of this property is $345,043, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $343,000 and $354,000. In the current ELM PARK market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The larger floor plan (155 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.00 acre lot (smaller than the 0.11 acre average) is reflected in the estimate. There are currently 5 similar homes on the market in ELM PARK, ranging from $280,000 to $325,000. Recent trends in ELM PARK show home values have fallen 5.7% since 6 months ago. The most comparable recent sale is 16005 Cowslip WAY, Austin TX 78724, with an adjusted value of $337,976; a strong comparable. Based on 7 relevant data points in ELM PARK, 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