2532 Elara DR, Austin TX 78725

Reviewing the most recent comparable transactions, this home's market value falls around $310,963. For a well positioned listing in HORNSBY GLEN, I'd target the $311,000 to $320,000 range. Against 2 similar active listings in HORNSBY GLEN, this price point lands at the most expensive of 2 comparable homes on the market. The 2009 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.42 acres, the lot is larger than the 0.13 acre comp average, which factors into pricing. There are currently 2 similar homes on the market in HORNSBY GLEN, ranging from $250,000 to $325,000. Recent trends in 78725 show home values have fallen 3.6% since 6 months ago. The most comparable recent sale is 11928 Aitne LN, Austin TX 78725, with an adjusted value of $288,647; with a smaller floor plan. 7 comparable transactions in HORNSBY GLEN 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