5300 Tower TRL, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $490,519. For a well positioned listing in SENATE HILLS, I'd target the $476,000 to $505,000 range. Against 3 similar active listings in SENATE HILLS, this price point lands at the 2nd most expensive of 3 comparable homes on the market. This home's larger footprint (206 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 10 years older than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SENATE HILLS; a balanced market based on recent absorption. The most comparable recent sale is 5321 Krueger LN S, Austin TX 78723, with an adjusted value of $456,855; with a smaller floor plan. The 5 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