3022 Perry LN, Austin TX 78731

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $1,220,779. Pricing this home between $1,389,000 and $1,508,000 would put it in the competitive sweet spot for 78731. Relative to what's currently available in 78731, this home would be the most affordable of 3 comparable homes on the market. The larger floor plan (300 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 1999 build date influences the valuation. 3 similar homes are currently available in 78731, creating a buyer's market for this price range. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 4304 Small DR, Austin TX 78731 at an adjusted $1,043,122, is a strong comparable. The comp data here (7 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus