5106 Serrano TRL, Austin TX 78734

The market data from 7 similar recent sales in JOLLY W points to a value of approximately $395,639. To sell within a reasonable timeframe at fair market value, the $251,000 to $261,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in JOLLY W. The 1958 construction puts this home 16 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in JOLLY W; a buyer's market based on recent absorption. In 78734, home values have fallen approximately 10.4% over the past 6 months. One of the strongest data points is 5600 Lakeview DR, Austin TX 78734, adjusting to $295,907; a strong comparable. 7 comparable transactions in JOLLY W support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group