3431 NORTH HILLS DR # 121, Austin TX 78731

My analysis of 5 comparable properties puts this home's estimated value at $245,798. Based on how the local market is moving, a list price between $206,000 and $216,000 would position this home well. Relative to what's currently available in 78731, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 142 sqft larger than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.00 acres versus the area average of 0.06) contributes to the valuation. With 3 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. The 6 month price trend in 78731: fallen 13.3%. The best comp here is 6910 Hart LN # 805, Austin TX 78731 at an adjusted value of $292,248, a strong comparable. The comp data here (5 sales in 78731) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus