312 Jack Ryan LN, Austin TX 78748

My analysis of 7 comparable properties puts this home's estimated value at $446,916. Based on how the local market is moving, a list price between $434,000 and $460,000 would position this home well. This home's position in the current RESERVE/SOUTHPARK MDWS market: the 3rd most expensive of 6 comparable homes on the market among comparable properties. The larger lot (0.18 acres versus the area average of 0.15) contributes to the valuation. Current inventory shows 6 comparable homes in RESERVE/SOUTHPARK MDWS; a balanced market based on recent absorption. The 6 month price trend in 78748: fallen 4.2%. The best comp here is 9401 Margaret Jewel LN, Austin TX 78748 at an adjusted value of $439,930, a strong comparable. With 7 comparable sales in RESERVE/SOUTHPARK MDWS, 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