2612 Geraghty Ave, Austin TX 78757

Reviewing the most recent comparable transactions, this home's market value falls around $474,422. For a well positioned listing in GREEN ACRES, I'd target the $152,000 to $162,000 range. With 7 comparable homes on the market in GREEN ACRES, this price positions the property as the most expensive of 7 comparable homes on the market. Being 322 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1952 construction puts this home 12 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in GREEN ACRES; a balanced market based on recent absorption. Recent trends in GREEN ACRES show home values have fallen 31.9% since 6 months ago. The most comparable recent sale is 5807 Wynona Ave, Austin TX 78756, with an adjusted value of $425,159; a strong comparable. The 7 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