5105 CANELLA DR, Austin TX 78744

Based on 6 closed sales in 78744, the data points to a value around $273,486 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $201,000 to $211,000. This would position the home competitively among 6 active listings in 78744. At 122 sqft smaller than the typical comp, the size difference factors into the valuation. Being built in 1983 (8 years older than comps) is factored into the value estimate. There are currently 6 similar homes on the market in 78744, ranging from $199,000 to $315,000. Market data shows 78744 prices fallen 7.2% over the last half year. The closest comparable sale, 7812 Bixler DR, Austin TX 78744 at an adjusted $322,405, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in 78744. 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