5109 Portmarnock CT, Austin TX 78747

After reviewing 7 recent transactions in 78747, I estimate this property's value at $530,410. A competitive list price for this home right now would fall in the $376,000 to $386,000 range. This would position the home competitively among 7 active listings in 78747. The larger lot (0.27 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in 78747; a buyer's market based on recent absorption. Prices in 78747 have fallen 11.7% over the last 6 months. A similar home at 10932 River Plantation DR, Austin TX 78747 carries an adjusted comparable value of $642,988, providing a strong data point. The comp data here (7 sales in 78747) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus