306 Nueces LN, Austin TX 78737

The estimated value of this property is $594,538, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $501,000 and $511,000. With 7 comparable homes on the market in REGAL OAKS, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The smaller floor plan (160 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1970, this home is 30 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in REGAL OAKS, ranging from $489,900 to $1,150,000. Recent trends in 78737 show home values have risen 1.3% since 6 months ago. The most comparable recent sale is 28 Long Creek RD, Austin TX 78737, with an adjusted value of $724,863; with a smaller floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group