4715 Prock LN, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $409,053. For a well positioned listing in TANNEHILL, I'd target the $192,000 to $202,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in TANNEHILL. The 1946 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. Current inventory shows 5 comparable homes in TANNEHILL; a buyer's market based on recent absorption. Recent trends in 78721 show home values have fallen 7.5% since 6 months ago. The most comparable recent sale is 4615 Munson ST, Austin TX 78721, with an adjusted value of $392,852; 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