5121 Valburn CT, Austin TX 78731

Reviewing the most recent comparable transactions, this home's market value falls around $1,110,145. For a well positioned listing in TREETOPS, I'd target the $647,000 to $657,000 range. In the current TREETOPS market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. The 1999 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 0.38 acres, the lot is larger than the 0.32 acre comp average, which factors into pricing. With 7 similar homes currently listed in TREETOPS (a balanced market), competition is a factor to consider. Recent trends in 78731 show home values have risen 12.2% since 6 months ago. The most comparable recent sale is 6311 Rusty Ridge DR, Austin TX 78731, with an adjusted value of $1,408,230; a strong comparable. The 3 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