16428 Clara Van ST, Austin TX 78734

The market data from 6 similar recent sales in 78734 points to a value of approximately $503,836. To sell within a reasonable timeframe at fair market value, the $538,000 to $560,000 range is where I'd position this. At this price, the property would be the 3rd most expensive of 5 comparable homes on the market comparable homes currently on the market in 78734. At 0.49 acres, the lot is larger than the 0.46 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in 78734; a buyer's market based on recent absorption. In 78734, home values have fallen approximately 5.8% over the past 6 months. One of the strongest data points is 1907 Red Fox RD, Austin TX 78734, adjusting to $446,673; a strong comparable. 6 comparable transactions in 78734 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