5103 Delores Ave, Austin TX 78721

The estimated value of this property is $420,694, based on 4 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $290,000 and $300,000. Against 4 similar active listings in MASONFIELD, this price point lands at the most expensive of 4 comparable homes on the market. Built in 1956, this home is 5 years older than the average comp, which is reflected in the adjustments. The 0.24 acre lot (larger than the 0.18 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in MASONFIELD, ranging from $300,000 to $450,000. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 1600 Elmira RD, Austin TX 78721, with an adjusted value of $347,585; a strong comparable. With 4 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group