4505 Elana, Austin TX 78741

My analysis of 7 comparable properties puts this home's estimated value at $454,025. Based on how the local market is moving, a list price between $472,000 and $494,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 5 comparable homes on the market in SUNRIDGE PARK's current inventory. Being 688 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.30 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 5 comparable homes in SUNRIDGE PARK; a buyer's market based on recent absorption. The 6 month price trend in 78741: fallen 1.1%. The best comp here is 4507 Elana CT, Austin TX 78741 at an adjusted value of $613,081, with a smaller floor plan. The comp data here (7 sales in SUNRIDGE PARK) 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