5006 Heflin LN, Austin TX 78721

The market data from 7 similar recent sales in DAVIS LAWNS points to a value of approximately $446,426. To sell within a reasonable timeframe at fair market value, the $541,000 to $545,000 range is where I'd position this. Against 3 similar active listings in DAVIS LAWNS, this price point lands at the most affordable of 3 comparable homes on the market. The 1950 construction puts this home 29 years older than the comp average, a factor in the pricing. At 0.41 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. Right now, 3 similar properties are competing for buyers in DAVIS LAWNS, listed between $465,000 and $775,000. In 78721, home values have risen approximately 11.1% over the past 6 months. One of the strongest data points is 5203 Stone Gate DR, Austin TX 78721, adjusting to $545,237; with a smaller floor plan. 7 comparable transactions in DAVIS LAWNS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group