3323 Elija ST, Austin TX 78745

My analysis of 7 comparable properties puts this home's estimated value at $431,084. Based on how the local market is moving, a list price between $475,000 and $505,000 would position this home well. This home's position in the current KINCHEON market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. At 19 years older than typical comps, the 1961 build date influences the valuation. The larger lot (0.28 acres versus the area average of 0.20) contributes to the valuation. With 7 similar homes currently listed in KINCHEON (a buyer's market), competition is a factor to consider. The 6 month price trend in 78745: fallen 3.2%. The best comp here is 3908 Holt DR, Austin TX 78749 at an adjusted value of $372,832, a strong comparable. With 7 comparable sales in KINCHEON, 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