502 Radam LN, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $386,306. For a well positioned listing in PLACIDENA, I'd target the $191,000 to $201,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in PLACIDENA. The 1949 construction puts this home 11 years older than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.22 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in PLACIDENA, listed between $190,000 and $619,000. Recent trends in 78745 show home values have risen 2% since 6 months ago. The most comparable recent sale is 908 Redd ST, Austin TX 78745, with an adjusted value of $415,289; a strong comparable. 7 comparable transactions in PLACIDENA 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