5228 CONCHO CREEK BND, Austin TX 78735

Based on 7 closed sales in 78735, the data points to a value around $781,852 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $494,000 to $504,000. This pricing would rank the home as the 2nd most expensive of 4 comparable homes on the market in 78735's current inventory. Lot size matters here: 0.00 acres versus 0.20 for the typical comp. There are currently 4 similar homes on the market in 78735, ranging from $545,000 to $873,700. Market data shows 78735 prices risen 0.7% over the last half year. The closest comparable sale, 4305 Painted Pony CV, Austin TX 78735 at an adjusted $784,360, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78735. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group