507 Arbor LN, Austin TX 78745

Based on 7 closed sales in COMMUNITY FAIRVIEW, the data points to a value around $452,763 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $305,000 to $315,000. Relative to what's currently available in COMMUNITY FAIRVIEW, this home would be the 2nd most expensive of 4 comparable homes on the market. Lot size matters here: 0.15 acres versus 0.20 for the typical comp. 4 similar homes are currently available in COMMUNITY FAIRVIEW, creating a buyer's market for this price range. Market data shows COMMUNITY FAIRVIEW prices risen 9.9% over the last half year. The closest comparable sale, 511 Ramble LN, Austin TX 78745 at an adjusted $524,922, is with a smaller floor plan. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus