5225 Pine PL, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $307,917. For a well positioned listing in PEPPERTREE PARK, I'd target the $360,000 to $378,000 range. In the current PEPPERTREE PARK market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 0.26 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 7 similar homes currently listed in PEPPERTREE PARK (a buyer's market), competition is a factor to consider. Recent trends in PEPPERTREE PARK show home values have fallen 15.6% since 6 months ago. The most comparable recent sale is 5617 Tallow Tree DR, Austin TX 78744, with an adjusted value of $271,140; a strong comparable. The 6 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