5105 Split Cedar CV, Austin TX 78735

Reviewing the most recent comparable transactions, this home's market value falls around $783,218. For a well positioned listing in 78735, I'd target the $598,000 to $608,000 range. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in 78735. At 0.27 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in 78735, listed between $550,000 and $839,000. Recent trends in 78735 show home values have fallen 14.2% since 6 months ago. The most comparable recent sale is 4618 Trail Crest CIR, Austin TX 78735, with an adjusted value of $872,117; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group