The estimated value of this property is $864,464, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $712,000 and $722,000. In the current 78756 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 0.36 acre lot (larger than the 0.24 acre average) is reflected in the estimate. 7 similar homes are currently available in 78756, creating a balanced market for this price range. Recent trends in 78756 show home values have fallen 20.5% since 6 months ago. The most comparable recent sale is 4914 Strass DR, Austin TX 78731, with an adjusted value of $868,364; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group