503 Normandy ST, Austin TX 78745

The estimated value of this property is $342,964, based on 4 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $296,000 and $306,000. Among the similar homes currently available in PLACIDENA, this price point stands out as competitive. The smaller floor plan (126 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1960, this home is 6 years older than the average comp, which is reflected in the adjustments. The active market in PLACIDENA includes 7 comparable homes priced from $289,000 to $615,000. Recent trends in 78745 show home values have fallen 8.9% since 6 months ago. The most comparable recent sale is 5116 Greenheart DR, Austin TX 78745, with an adjusted value of $326,400; a strong comparable. Based on 4 relevant data points in PLACIDENA, 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