216 KREBS LN, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $320,260. For a well positioned listing in 78704, I'd target the $435,000 to $439,000 range. Against 4 similar active listings in 78704, this price point lands at the 2nd least expensive of 4 comparable homes on the market. The 1985 construction puts this home 13 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. 4 similar homes are currently available in 78704, creating a buyer's market for this price range. Recent trends in 78704 show home values have fallen 0.7% since 6 months ago. The most comparable recent sale is 5004 Fort Clark DR, Austin TX 78745, with an adjusted value of $265,024; a strong comparable. 7 comparable transactions in 78704 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