505 San Jose ST, Austin TX 78753

Based on 7 closed sales in SOUTHWIND, the data points to a value around $325,248 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $158,000 to $168,000. This home's position in the current SOUTHWIND market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (271 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1986 (11 years newer than comps) is factored into the value estimate. 7 similar homes are currently available in SOUTHWIND, creating a buyer's market for this price range. Market data shows 78753 prices risen 1.9% over the last half year. The closest comparable sale, 502 Oakley CT, Austin TX 78753 at an adjusted $284,673, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in SOUTHWIND. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group