1809 Magazine ST, Austin TX 78727

The market data from 3 similar recent sales in SCOFIELD FARMS points to a value of approximately $352,252. To sell within a reasonable timeframe at fair market value, the $254,000 to $264,000 range is where I'd position this. With 7 comparable homes on the market in SCOFIELD FARMS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. At 152 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.21 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. The active market in SCOFIELD FARMS includes 7 comparable homes priced from $240,000 to $459,900. In SCOFIELD FARMS, home values have risen approximately 4.7% over the past 6 months. One of the strongest data points is 12804 Meehan DR, Austin TX 78727, adjusting to $344,927; a strong comparable. The 3 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