2517 Elara DR, Austin TX 78725

My analysis of 5 comparable properties puts this home's estimated value at $335,792. Based on how the local market is moving, a list price between $326,000 and $346,000 would position this home well. This pricing would rank the home as the most expensive of 3 comparable homes on the market in HORNSBY GLEN's current inventory. At 7 years older than typical comps, the 2009 build date influences the valuation. The larger lot (0.15 acres versus the area average of 0.11) contributes to the valuation. With 3 similar homes currently listed in HORNSBY GLEN (a buyer's market), competition is a factor to consider. The 6 month price trend in 78725: risen 1.9%. The best comp here is 1903 Rinker Ranch DR, Austin TX 78725 at an adjusted value of $344,437, with a larger floor plan. With 5 comparable sales in HORNSBY GLEN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group