1808 Inverness, Austin TX 78745

Based on 7 closed sales in 78745, the data points to a value around $497,843 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $624,000 to $627,000. This pricing would rank the home as the most affordable of 5 comparable homes on the market in 78745's current inventory. Being 120 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.00 acres versus 0.23 for the typical comp. There are currently 5 similar homes on the market in 78745, ranging from $599,000 to $995,000. Market data shows 78745 prices fallen 4.4% over the last half year. The closest comparable sale, 2510 Coatbridge DR, Austin TX 78745 at an adjusted $497,210, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78745. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group