2402 Sanders LN, Austin TX 78748

The market data from 5 similar recent sales in SOUTHWEST GATE points to a value of approximately $375,973. To sell within a reasonable timeframe at fair market value, the $365,000 to $387,000 range is where I'd position this. With 3 comparable homes on the market in SOUTHWEST GATE, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1975 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.37 acres, the lot is larger than the 0.26 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in SOUTHWEST GATE, listed between $350,000 and $450,000. In 78748, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 10106 LINDSHIRE LN, Austin TX 78748, adjusting to $552,107; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group