4325 Banister LN # B, Austin TX 78745

After reviewing 5 recent transactions in BANISTER ACRES, I estimate this property's value at $570,020. A competitive list price for this home right now would fall in the $341,000 to $351,000 range. This home's position in the current BANISTER ACRES market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. At 153 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (0.16 acres versus the area average of 0.12) contributes to the valuation. With 7 similar homes currently listed in BANISTER ACRES (a buyer's market), competition is a factor to consider. Prices in 78745 have fallen 6.8% over the last 6 months. A similar home at 4418 Mount Vernon DR # B, Austin TX 78745 carries an adjusted comparable value of $628,681, providing a strong data point. With 5 comparable sales in BANISTER ACRES, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group