2419 Lavendale, Austin TX 78748

The market data from 7 similar recent sales in HILLCREST points to a value of approximately $409,319. To sell within a reasonable timeframe at fair market value, the $428,000 to $455,000 range is where I'd position this. Against 3 similar active listings in HILLCREST, this price point lands at the most affordable of 3 comparable homes on the market. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. With 3 similar homes currently listed in HILLCREST (a buyer's market), competition is a factor to consider. In HILLCREST, home values have fallen approximately 11.9% over the past 6 months. One of the strongest data points is 2121 DESCO DR, Austin TX 78748, adjusting to $394,394; a strong comparable. 7 comparable transactions in HILLCREST 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