502 Capitol DR, Austin TX 78753

My analysis of 6 comparable properties puts this home's estimated value at $376,847. Based on how the local market is moving, a list price between $394,000 and $410,000 would position this home well. Buyers shopping in GEORGIAN ACRES right now would see this as a well positioned option among 4 comparable homes. At 5 years newer than typical comps, the 1983 build date influences the valuation. The larger lot (0.33 acres versus the area average of 0.20) contributes to the valuation. With 4 similar homes currently listed in GEORGIAN ACRES (a balanced market), competition is a factor to consider. The 6 month price trend in 78753: fallen 4.1%. The best comp here is 10312 Georgian DR, Austin TX 78753 at an adjusted value of $357,618, a strong comparable. With 6 comparable sales in GEORGIAN ACRES, 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