2101 Elara DR, Austin TX 78725

The estimated value of this property is $366,585, based on 4 comparable sales within a few blocks. In today's market, I'd bring this home to market somewhere between $230,000 and $240,000. With 3 comparable homes on the market in HORNSBY GLEN, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. Built in 2014, this home is 5 years older than the average comp, which is reflected in the adjustments. The active market in HORNSBY GLEN includes 3 comparable homes priced from $250,000 to $410,000. Recent trends in 78725 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 1703 Adobe Walls WAY, Austin TX 78725, with an adjusted value of $385,477; a strong comparable. Based on 4 relevant data points in HORNSBY GLEN, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX