The comparable sales data (5 recent transactions in BANISTER ACRES OF LT) supports an estimated value of $859,337. The data suggests a list price between $747,000 and $757,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in BANISTER ACRES OF LT, this home would be the 2nd least expensive of 4 comparable homes on the market. This home's smaller footprint (158 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.25 acres versus 0.19 for the typical comp. Buyers in BANISTER ACRES OF LT have 4 comparable options right now, with asking prices between $715,000 and $1,225,000. Prices in 78745 have fallen 6.9% over the last 6 months. A similar home at 613 Clifford DR # A, Austin TX 78745 carries an adjusted comparable value of $701,744, providing a strong data point. This estimate draws on 5 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus
