4620 Herzog, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $864,735. For a well positioned listing in 78723, I'd target the $890,000 to $928,000 range. With 3 comparable homes on the market in 78723, this price positions the property as the most expensive of 3 comparable homes on the market. The 2018 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.03 acres, the lot is smaller than the 0.06 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in 78723, ranging from $799,000 to $899,000. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 2811 Zach Scott ST, Austin TX 78723, with an adjusted value of $730,024; a strong comparable. The 4 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