4609 Cedar Point DR, Austin TX 78723

The market data from 7 similar recent sales in 78723 points to a value of approximately $515,007. To sell within a reasonable timeframe at fair market value, the $626,000 to $644,000 range is where I'd position this. Against 4 similar active listings in 78723, this price point lands at the most affordable of 4 comparable homes on the market. The 2003 construction puts this home 21 years newer than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. There are currently 4 similar homes on the market in 78723, ranging from $619,500 to $730,000. In 78723, home values have fallen approximately 1.2% over the past 6 months. One of the strongest data points is 4610 Windy Brook DR # B, Austin TX 78723, adjusting to $383,140; a strong comparable. 7 comparable transactions in 78723 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