After adjusting 5 comparable sales for differences in size, age, and features, this home's estimated value is $416,783. Pricing this home between $354,000 and $364,000 would put it in the competitive sweet spot for SENATE HILLS. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in SENATE HILLS's current inventory. This home's smaller footprint (170 sqft vs the comp average) plays a role in how the market prices it. At 11 years older than typical comps, the 2007 build date influences the valuation. Right now, 7 similar properties are competing for buyers in SENATE HILLS, listed between $330,000 and $550,000. Market data shows 78723 prices fallen 1% over the last half year. The closest comparable sale, 5321 Krueger LN S, Austin TX 78723 at an adjusted $361,933, is with a larger floor plan. The comp data here (5 sales in SENATE HILLS) 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
