The estimated value of this property is $364,619, based on 7 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $265,000 and $275,000. Against 7 similar active listings in SCOFIELD FARMS, this price point lands at the 3rd most expensive of 7 comparable homes on the market. The 0.18 acre lot (larger than the 0.14 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in SCOFIELD FARMS, listed between $240,000 and $479,000. Recent trends in SCOFIELD FARMS show home values have risen 7% since 6 months ago. The most comparable recent sale is 1806 Krizan Ave, Austin TX 78727, with an adjusted value of $383,227; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group