4424 Lareina DR, Austin TX 78745

Based on 7 closed sales in 78745, the data points to a value around $362,902 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $143,000 to $153,000. This home's position in the current 78745 market: the most expensive of 7 comparable homes on the market among comparable properties. The 458 sqft size difference versus comparable sales is reflected in the adjusted values. Lot size matters here: 0.28 acres versus 0.20 for the typical comp. Current inventory shows 7 comparable homes in 78745; a buyer's market based on recent absorption. Market data shows 78745 prices fallen 2.3% over the last half year. The closest comparable sale, 4404 Jinx Ave, Austin TX 78745 at an adjusted $448,478, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78745. 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