307 Oertli LN, Austin TX 78753

The estimated value of this property is $320,771, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $157,000 and $167,000. With 6 comparable homes on the market in WALLACE J, this price positions the property as the 2nd most expensive of 6 comparable homes on the market. Built in 1950, this home is 23 years older than the average comp, which is reflected in the adjustments. The 0.31 acre lot (larger than the 0.19 acre average) is reflected in the estimate. With 6 similar homes currently listed in WALLACE J (a buyer's market), competition is a factor to consider. Recent trends in 78753 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 4907 Duval ST, Austin TX 78751, with an adjusted value of $552,005; a strong comparable. 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