2901 Sussex Gardens LN, Austin TX 78748

My analysis of 7 comparable properties puts this home's estimated value at $584,915. Based on how the local market is moving, a list price between $416,000 and $426,000 would position this home well. This would position the home competitively among 7 active listings in 78748. At 141 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.30 acres versus the area average of 0.27) contributes to the valuation. Buyers in 78748 have 7 comparable options right now, with asking prices between $397,000 and $864,000. The 6 month price trend in 78748: fallen 3.6%. The best comp here is 3142 Montwood TRL, Austin TX 78748 at an adjusted value of $609,561, with a larger floor plan. With 7 comparable sales in 78748, 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