1604 Adriane DR, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $391,515. For a well positioned listing in PAN TEXAS EAST, I'd target the $478,000 to $508,000 range. In the current PAN TEXAS EAST market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 152 sqft larger than the typical comp, the size difference factors into the valuation. The 1972 construction puts this home 7 years newer than the comp average, a factor in the pricing. With 7 similar homes currently listed in PAN TEXAS EAST (a buyer's market), competition is a factor to consider. Recent trends in 78721 show home values have risen 8.9% since 6 months ago. The most comparable recent sale is 5601 Samuel Huston Ave, Austin TX 78721, with an adjusted value of $313,076; 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