5222 Ledesma, Austin TX 78721

After reviewing 7 recent transactions in TANNEHILL J, I estimate this property's value at $426,216. A competitive list price for this home right now would fall in the $268,000 to $278,000 range. This would position the home competitively among 7 active listings in TANNEHILL J. At 127 sqft smaller than the typical comp, the size difference factors into the valuation. At 8 years older than typical comps, the 1979 build date influences the valuation. With 7 similar homes currently listed in TANNEHILL J (a buyer's market), competition is a factor to consider. Prices in 78721 have fallen 5% over the last 6 months. A similar home at 1104 Gardner CV, Austin TX 78721 carries an adjusted comparable value of $261,058, providing a strong data point. With 7 comparable sales in TANNEHILL J, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group