1809 Matthews LN, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $496,408. For a well positioned listing in SMALL ACREAGE PARCELS, I'd target the $412,000 to $422,000 range. In the current SMALL ACREAGE PARCELS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1962 construction puts this home 6 years older than the comp average, a factor in the pricing. At 0.98 acres, the lot is larger than the 0.35 acre comp average, which factors into pricing. With 7 similar homes currently listed in SMALL ACREAGE PARCELS (a buyer's market), competition is a factor to consider. Recent trends in 78745 show home values have risen 2.2% since 6 months ago. The most comparable recent sale is 1927 Berkeley Ave, Austin TX 78745, with an adjusted value of $448,686; a strong comparable. 7 comparable transactions in SMALL ACREAGE PARCELS 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