2704 Salek View # 57, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $577,979. For a well positioned listing in SUNRIDGE, I'd target the $566,000 to $590,000 range. With 7 comparable homes on the market in SUNRIDGE, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (214 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.05 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. With 7 similar homes currently listed in SUNRIDGE (a buyer's market), competition is a factor to consider. Recent trends in 78741 show home values have fallen 9.7% since 6 months ago. The most comparable recent sale is 3305 Santa Monica DR, Austin TX 78741, with an adjusted value of $618,570; with a smaller floor plan. 7 comparable transactions in SUNRIDGE 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