4905 Pecan Springs RD, Austin TX 78723

Based on 7 closed sales in 78723, the data points to a value around $263,301 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $174,000 to $184,000. Buyers shopping in 78723 right now would see this as a well positioned option among 7 comparable homes. The 510 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1945 (34 years older than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in 78723, listed between $180,000 and $360,000. Market data shows 78723 prices risen 2.3% over the last half year. The closest comparable sale, 5215 Halmark DR, Austin TX 78723 at an adjusted $229,000, is with a larger floor plan. The strength of this estimate comes from 7 directly comparable sales in 78723. 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