4612 BANDERA RD, Austin TX 78721

After reviewing 4 recent transactions in 78721, I estimate this property's value at $530,694. A competitive list price for this home right now would fall in the $308,000 to $318,000 range. This pricing would rank the home as the 4th most expensive of 7 comparable homes on the market in 78721's current inventory. This home's larger footprint (203 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.13 acres versus the area average of 0.16) contributes to the valuation. Buyers in 78721 have 7 comparable options right now, with asking prices between $299,500 and $689,000. Prices in 78721 have fallen 5% over the last 6 months. A similar home at 5203 Stone Gate DR, Austin TX 78721 carries an adjusted comparable value of $499,341, providing a strong data point. With 4 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