4745 Castleman DR, Austin TX 78725

Based on 5 closed sales in 78725, the data points to a value around $263,681 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $268,000 to $324,000. Relative to what's currently available in 78725, this home would be the most affordable of 2 comparable homes on the market. Being built in 1997 (10 years older than comps) is factored into the value estimate. Lot size matters here: 0.14 acres versus 0.39 for the typical comp. 2 similar homes are currently available in 78725, creating a buyer's market for this price range. Market data shows 78725 prices fallen 4.3% over the last half year. The closest comparable sale, 4201 Sojourner ST, Austin TX 78725 at an adjusted $267,914, is a strong comparable. The strength of this estimate comes from 5 directly comparable sales in 78725. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group