3709-B Garden Villa LN, Austin TX 78704

Reviewing the most recent comparable transactions, this home's market value falls around $798,765. For a well positioned listing in FREEGARDEN, I'd target the $804,000 to $833,000 range. With 3 comparable homes on the market in FREEGARDEN, this price positions the property as the most expensive of 3 comparable homes on the market. The 2019 construction puts this home 8 years newer than the comp average, a factor in the pricing. At 0.07 acres, the lot is smaller than the 0.13 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in FREEGARDEN, listed between $699,000 and $775,000. Recent trends in 78704 show home values have fallen 2.8% since 6 months ago. The most comparable recent sale is 900 Banister LN # D, Austin TX 78704, with an adjusted value of $496,948; with a smaller floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group