4627 Marlo DR, Austin TX 78723

The market data from 7 similar recent sales in 78723 points to a value of approximately $420,686. To sell within a reasonable timeframe at fair market value, the $548,000 to $602,000 range is where I'd position this. In the current 78723 market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. At 0.42 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Buyers in 78723 have 4 comparable options right now, with asking prices between $515,000 and $889,000. In 78723, home values have risen approximately 1.1% over the past 6 months. One of the strongest data points is 1213 NE Cloverleaf DR, Austin TX 78723, adjusting to $357,794; 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