5007 Pecan Springs RD, Austin TX 78723

The estimated value of this property is $549,287, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $420,000 and $430,000. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78723. Built in 1932, this home is 24 years older than the average comp, which is reflected in the adjustments. The 0.38 acre lot (larger than the 0.23 acre average) is reflected in the estimate. The active market in 78723 includes 7 comparable homes priced from $399,000 to $700,000. Recent trends in 78723 show home values have risen 0% since 6 months ago. The most comparable recent sale is 5511 Delwood DR, Austin TX 78723, with an adjusted value of $678,921; a strong comparable. Based on 7 relevant data points in 78723, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX