502 Capitol DR, Austin TX 78753

My analysis of 7 comparable properties puts this home's estimated value at $375,884. Based on how the local market is moving, a list price between $324,000 and $334,000 would position this home well. Buyers shopping in GEORGIAN ACRES right now would see this as a well positioned option among 3 comparable homes. This home's larger footprint (427 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.33 acres versus the area average of 0.21) contributes to the valuation. With 3 similar homes currently listed in GEORGIAN ACRES (a buyer's market), competition is a factor to consider. The 6 month price trend in 78753: fallen 0.2%. The best comp here is 405 East Fawnridge DR, Austin TX 78753 at an adjusted value of $176,626, with a smaller floor plan. With 7 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