501 E Applegate DR, Austin TX 78753

After reviewing 5 recent transactions in MOCKINGBIRD HILL, I estimate this property's value at $297,870. A competitive list price for this home right now would fall in the $189,000 to $199,000 range. Buyers shopping in MOCKINGBIRD HILL right now would see this as a well positioned option among 7 comparable homes. The 211 sqft size difference versus comparable sales is reflected in the adjusted values. At 9 years newer than typical comps, the 1985 build date influences the valuation. Current inventory shows 7 comparable homes in MOCKINGBIRD HILL; a buyer's market based on recent absorption. Prices in 78753 have fallen 0.2% over the last 6 months. A similar home at 306 Holliday CT, Austin TX 78753 carries an adjusted comparable value of $280,008, providing a strong data point. With 5 comparable sales in MOCKINGBIRD HILL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group