3507 Socorro TRL, Austin TX 78739

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $725,013. Pricing this home between $850,000 and $900,000 would put it in the competitive sweet spot for 78739. This home's position in the current 78739 market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's larger footprint (500 sqft vs the comp average) plays a role in how the market prices it. At 28 years older than typical comps, the 1975 build date influences the valuation. With 7 similar homes currently listed in 78739 (a balanced market), competition is a factor to consider. Market data shows 78739 prices risen 5.7% over the last half year. The closest comparable sale, 2817 Bear Springs TRL, Austin TX 78748 at an adjusted $776,390, is with a smaller floor plan. The comp data here (7 sales in 78739) 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