4605 Sara DR, Austin TX 78721

After reviewing 7 recent transactions in 78721, I estimate this property's value at $464,792. A competitive list price for this home right now would fall in the $259,000 to $269,000 range. This home's position in the current 78721 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 49 years older than typical comps, the 1946 build date influences the valuation. The larger lot (0.17 acres versus the area average of 0.14) contributes to the valuation. Buyers in 78721 have 7 comparable options right now, with asking prices between $295,000 and $525,000. Prices in 78721 have fallen 6.5% over the last 6 months. A similar home at 6516 Bay City BND, Austin TX 78725 carries an adjusted comparable value of $413,130, providing a strong data point. With 7 comparable sales in 78721, 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