4823 Star Jasmine DR, Austin TX 78723

After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $454,517. Pricing this home between $492,000 and $496,000 would put it in the competitive sweet spot for 51 EAST. This would position the home competitively among 4 active listings in 51 EAST. The smaller lot (0.00 acres versus the area average of 0.10) contributes to the valuation. With 4 similar homes currently listed in 51 EAST (a buyer's market), competition is a factor to consider. Market data shows 78723 prices fallen 1.2% over the last half year. The closest comparable sale, 5201 Golden Canary LN, Austin TX 78723 at an adjusted $495,990, is a strong comparable. The comp data here (5 sales in 51 EAST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus