2303 Trafalgar DR, Austin TX 78723

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $447,611. Pricing this home between $536,000 and $545,000 would put it in the competitive sweet spot for 78723. This home's position in the current 78723 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. The smaller lot (0.00 acres versus the area average of 0.18) contributes to the valuation. With 7 similar homes currently listed in 78723 (a buyer's market), competition is a factor to consider. Market data shows 78723 prices fallen 1.2% over the last half year. The closest comparable sale, 5317 Westminster DR, Austin TX 78723 at an adjusted $516,047, is a strong comparable. The comp data here (7 sales in 78723) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus