503 Radam LN, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $586,859. For a well positioned listing in FORTVIEW, I'd target the $384,000 to $394,000 range. With 7 comparable homes on the market in FORTVIEW, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. The 1936 construction puts this home 33 years older than the comp average, a factor in the pricing. At 0.45 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 7 similar homes currently listed in FORTVIEW (a buyer's market), competition is a factor to consider. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 5229 Meadow Creek DR, Austin TX 78745, with an adjusted value of $565,641; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group