2402 Cecil DR, Austin TX 78744

The market data from 7 similar recent sales in PERKINS VALLEY points to a value of approximately $270,456. To sell within a reasonable timeframe at fair market value, the $289,000 to $296,000 range is where I'd position this. In the current PERKINS VALLEY market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1967 construction puts this home 40 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in PERKINS VALLEY; a buyer's market based on recent absorption. In 78744, home values have risen approximately 3.4% over the past 6 months. One of the strongest data points is 2410 Perkins DR, Austin TX 78744, adjusting to $340,925; with a smaller floor plan. 7 comparable transactions in PERKINS VALLEY 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