5 PILLOW RD, Austin TX 78745

Based on 7 closed sales in 78745, the data points to a value around $599,200 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $508,000 to $518,000. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78745's current inventory. Being built in 1987 (6 years newer than comps) is factored into the value estimate. Lot size matters here: 2.00 acres versus 0.32 for the typical comp. Current inventory shows 7 comparable homes in 78745; a buyer's market based on recent absorption. Market data shows 78745 prices fallen 4.4% over the last half year. The closest comparable sale, 5 Pillow RD, Sunset Valley TX 78745 at an adjusted $831,600, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus