4607 Sara DR, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $514,210. For a well positioned listing in 78721, I'd target the $620,000 to $629,000 range. In the current 78721 market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The 1980 construction puts this home 25 years older than the comp average, a factor in the pricing. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78721, ranging from $450,000 to $850,000. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 5701 Tura LN # 1, Austin TX 78721, with an adjusted value of $628,601; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group