5117 Maufrais LN, Austin TX 78744

The estimated value of this property is $325,171, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $334,000 and $358,000. In the current 78744 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. Built in 1957, this home is 31 years older than the average comp, which is reflected in the adjustments. The 0.50 acre lot (larger than the 0.16 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78744; a buyer's market based on recent absorption. Recent trends in 78744 show home values have fallen 6.1% since 6 months ago. The most comparable recent sale is 4616 Franklin Park DR, Austin TX 78744, with an adjusted value of $388,225; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group