503 Swanee DR # 7, Austin TX 78752

The market data from 4 similar recent sales in SILVERTON HEIGHTS points to a value of approximately $486,614. To sell within a reasonable timeframe at fair market value, the $506,000 to $508,000 range is where I'd position this. With 7 comparable homes on the market in SILVERTON HEIGHTS, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 2010 construction puts this home 15 years older than the comp average, a factor in the pricing. At 0.04 acres, the lot is smaller than the 0.15 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in SILVERTON HEIGHTS, listed between $459,999 and $534,999. In 78752, home values have fallen approximately 29.4% over the past 6 months. One of the strongest data points is 200 W 56th ST # 1103, Austin TX 78751, adjusting to $476,130; a strong comparable. The 4 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