3304 McElroy DR # A, Austin TX 78757

My analysis of 4 comparable properties puts this home's estimated value at $672,303. Based on how the local market is moving, a list price between $414,000 and $424,000 would position this home well. Buyers shopping in ALLANDALE right now would see this as a well positioned option among 7 comparable homes. At 13 years newer than typical comps, the 1966 build date influences the valuation. The smaller lot (0.20 acres versus the area average of 0.25) contributes to the valuation. With 7 similar homes currently listed in ALLANDALE (a seller's market), competition is a factor to consider. The 6 month price trend in ALLANDALE: fallen 30.7%. The best comp here is 5902 Shoalwood Ave, Austin TX 78757 at an adjusted value of $662,780, with a larger floor plan. With 4 comparable sales in ALLANDALE, 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