5001 Serrano TRL, Austin TX 78734

The market data from 7 similar recent sales in JOLLY W points to a value of approximately $353,692. To sell within a reasonable timeframe at fair market value, the $245,000 to $255,000 range is where I'd position this. In the current JOLLY W market with 7 similar homes available, this price represents the 3rd least expensive of 7 comparable homes on the market. This home's smaller footprint (376 sqft vs the comp average) plays a role in how the market prices it. The 1955 construction puts this home 26 years older than the comp average, a factor in the pricing. Buyers in JOLLY W have 7 comparable options right now, with asking prices between $225,000 and $1,850,000. In 78734, home values have fallen approximately 10.7% over the past 6 months. One of the strongest data points is 15803 Wildwood TRL, Austin TX 78734, adjusting to $353,040; with a larger floor plan. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group