2505 ELARA DR, Austin TX 78725

The comparable sales data (7 recent transactions in 78725) supports an estimated value of $313,481. The data suggests a list price between $264,000 and $274,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in 78725, this home would be below the only comparable home currently on the market. The 441 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.00 acres versus 0.12 for the typical comp. Right now, 1 similar properties are competing for buyers in 78725, listed between $274,472 and $274,472. Prices in 78725 have fallen 4.5% over the last 6 months. A similar home at 2109 Maxwell LN # B, Austin TX 78741 carries an adjusted comparable value of $277,706, providing a strong data point. The strength of this estimate comes from 7 directly comparable sales in 78725. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group