509 Hummingbird LN, Austin TX 78734

The estimated value of this property is $525,587, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $429,000 and $439,000. With 7 comparable homes on the market in 78734, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Being 170 sqft larger than the average comparable sale in this area impacts the per square foot value. The 0.37 acre lot (larger than the 0.30 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in 78734, listed between $425,000 and $2,990,000. Recent trends in 78734 show home values have fallen 10.4% since 6 months ago. The most comparable recent sale is 15105 Falcon DR, Austin TX 78734, with an adjusted value of $533,488; a strong comparable. Based on 4 relevant data points in 78734, 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