5201 Stone Gate DR, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $418,117. For a well positioned listing in STONE GATE, I'd target the $350,000 to $360,000 range. 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 STONE GATE. This home's larger footprint (244 sqft vs the comp average) plays a role in how the market prices it. At 0.17 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. Buyers in STONE GATE have 7 comparable options right now, with asking prices between $299,500 and $749,000. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 4307 Leslie Ave, Austin TX 78721, with an adjusted value of $246,433; 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