4902 Duval RD # J2, Austin TX 78727

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $306,169. Pricing this home between $160,000 and $170,000 would put it in the competitive sweet spot for COTTAGES. Buyers shopping in COTTAGES right now would see this as a well positioned option among 3 comparable homes. The 429 sqft size difference versus comparable sales is reflected in the adjusted values. The smaller lot (0.12 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 3 comparable homes in COTTAGES; a buyer's market based on recent absorption. Market data shows 78727 prices fallen 4.2% over the last half year. The closest comparable sale, 4902 Duval RD # J1, Austin TX 78727 at an adjusted $240,000, is a strong comparable. With 7 comparable sales in COTTAGES, 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