5109 Glissman RD, Austin TX 78702

The comparable sales data (3 recent transactions in 78702) supports an estimated value of $579,389. The data suggests a list price between $430,000 and $440,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in 78702's current inventory. The 201 sqft size difference versus comparable sales is reflected in the adjusted values. Being built in 1962 (12 years newer than comps) is factored into the value estimate. Right now, 7 similar properties are competing for buyers in 78702, listed between $450,000 and $875,000. Prices in 78702 have fallen 7.2% over the last 6 months. A similar home at 606 Springdale RD, Austin TX 78702 carries an adjusted comparable value of $781,154, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in 78702. 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