316 Kemp ST, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $536,017. For a well positioned listing in KEMP GROVE, I'd target the $455,000 to $465,000 range. Against 3 similar active listings in KEMP GROVE, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (431 sqft vs the comp average) plays a role in how the market prices it. 3 similar homes are currently available in KEMP GROVE, creating a buyer's market for this price range. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 6217 Clovis ST # A, Austin TX 78741, with an adjusted value of $650,182; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group