5102 Suburban, Austin TX 78745

Based on 6 closed sales in 78745, the data points to a value around $535,988 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $546,000 to $596,000. This would position the home competitively among 3 active listings in 78745. Being 179 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1975 (5 years newer than comps) is factored into the value estimate. With 3 similar homes currently listed in 78745 (a buyer's market), competition is a factor to consider. Market data shows 78745 prices risen 1.3% over the last half year. The closest comparable sale, 4716 Greenridge TER, Austin TX 78745 at an adjusted $667,234, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in 78745. 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