2111 Yellow Jacket LN, Austin TX 78741

The estimated value of this property is $268,747, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $366,000 and $403,000. In the current DELVALLE S ACR market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's larger footprint (132 sqft vs the comp average) plays a role in how the market prices it. Built in 1947, this home is 40 years older than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in DELVALLE S ACR (a buyer's market), competition is a factor to consider. Recent trends in 78741 show home values have fallen 4.2% since 6 months ago. The most comparable recent sale is 6900 E Riverside DR # 17, Austin TX 78741, with an adjusted value of $238,126; a strong comparable. Based on 7 relevant data points in DELVALLE S ACR, 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