4703 S PINEHURST DR, Austin TX 78747

My analysis of 3 comparable properties puts this home's estimated value at $409,800. Based on how the local market is moving, a list price between $482,000 and $489,000 would position this home well. This home's position in the current 78747 market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 103 sqft larger than the typical comp, the size difference factors into the valuation. The smaller lot (0.00 acres versus the area average of 0.61) contributes to the valuation. 7 similar homes are currently available in 78747, creating a buyer's market for this price range. The 6 month price trend in 78747: fallen 11.7%. The best comp here is 12902 Ben Milam DR, Manchaca TX 78652 at an adjusted value of $293,895, a strong comparable. With 3 comparable sales in 78747, 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