16407 Terrace DR, Austin TX 78728

The market data from 7 similar recent sales in NORTHRIDGE ACRES REVISED points to a value of approximately $344,638. To sell within a reasonable timeframe at fair market value, the $257,000 to $267,000 range is where I'd position this. In the current NORTHRIDGE ACRES REVISED market with 6 similar homes available, this price represents the 2nd most expensive of 6 comparable homes on the market. The 1977 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.32 acres, the lot is larger than the 0.12 acre comp average, which factors into pricing. Right now, 6 similar properties are competing for buyers in NORTHRIDGE ACRES REVISED, listed between $250,000 and $750,000. In 78728, home values have risen approximately 2.9% over the past 6 months. One of the strongest data points is 14487 Robert I Walker BLVD, Austin TX 78728, adjusting to $365,304; a strong comparable. 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