1609 Norris DR, Austin TX 78704

The market data from 5 similar recent sales in LEIPER points to a value of approximately $828,443. To sell within a reasonable timeframe at fair market value, the $804,000 to $853,000 range is where I'd position this. Against 3 similar active listings in LEIPER, this price point lands at the 2nd most expensive of 3 comparable homes on the market. Being 212 sqft larger than the average comparable sale in this area impacts the per square foot value. The pool is a differentiator here, since 4 of 5 comparable sales didn't include one. The active market in LEIPER includes 3 comparable homes priced from $820,000 to $1,675,000. In 78704, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 2301 Del Curto RD, Austin TX 78704, adjusting to $932,800; with a smaller floor plan. 5 comparable transactions in LEIPER support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group