After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $484,782. Pricing this home between $331,000 and $341,000 would put it in the competitive sweet spot for MASONFIELD. Buyers shopping in MASONFIELD right now would see this as a well positioned option among 7 comparable homes. At 43 years older than typical comps, the 1950 build date influences the valuation. The smaller lot (0.13 acres versus the area average of 0.16) contributes to the valuation. Buyers in MASONFIELD have 7 comparable options right now, with asking prices between $299,500 and $649,000. Market data shows 78721 prices fallen 5% over the last half year. The closest comparable sale, 1401 Greenwood Ave # 2, Austin TX 78721 at an adjusted $469,938, is with a smaller floor plan. The comp data here (7 sales in MASONFIELD) 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