4604 Plum Peach BND, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $515,856. For a well positioned listing in 51 EAST, I'd target the $411,000 to $421,000 range. With 3 comparable homes on the market in 51 EAST, this price positions the property as the most expensive of 3 comparable homes on the market. This home's larger footprint (267 sqft vs the comp average) plays a role in how the market prices it. At 0.06 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. 3 similar homes are currently available in 51 EAST, creating a buyer's market for this price range. Recent trends in 78723 show home values have risen 4.8% since 6 months ago. The most comparable recent sale is 4821 Star Jasmine DR # 141, Austin TX 78723, with an adjusted value of $475,200; with a smaller floor plan. 7 comparable transactions in 51 EAST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group