3506 Banton RD, Austin TX 78722

Based on 7 closed sales in 78722, the data points to a value around $374,737 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $501,000 to $510,000. Relative to what's currently available in 78722, this home would be the most affordable of 3 comparable homes on the market. Lot size matters here: 0.30 acres versus 0.18 for the typical comp. Buyers in 78722 have 3 comparable options right now, with asking prices between $525,000 and $995,000. Market data shows 78722 prices fallen 11.5% over the last half year. The closest comparable sale, 1808 E 38 1/2 ST, Austin TX 78722 at an adjusted $342,736, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78722. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group