5205 Star Light TER, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $410,405. For a well positioned listing in STAR LIGHT TERRACE, I'd target the $279,000 to $289,000 range. In the current STAR LIGHT TERRACE market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The 1944 construction puts this home 43 years older than the comp average, a factor in the pricing. At 0.92 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in STAR LIGHT TERRACE, listed between $269,000 and $499,000. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 1110 Christie DR, Austin TX 78721, with an adjusted value of $506,274; with a larger floor plan. The 7 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