3503 Vara DR, Austin TX 78754

My analysis of 4 comparable properties puts this home's estimated value at $404,107. Based on how the local market is moving, a list price between $532,000 and $556,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 7 comparable homes on the market in WALNUT PLACE's current inventory. At 5 years newer than typical comps, the 1978 build date influences the valuation. The larger lot (0.38 acres versus the area average of 0.32) contributes to the valuation. Current inventory shows 7 comparable homes in WALNUT PLACE; a buyer's market based on recent absorption. The 6 month price trend in 78754: fallen 5.7%. The best comp here is 3632 Quiette DR, Austin TX 78754 at an adjusted value of $297,814, with a larger floor plan. The comp data here (4 sales in WALNUT PLACE) 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