5301 Turnabout LN, Austin TX 78731

After reviewing 7 recent transactions in TURNABOUT TERRACE, I estimate this property's value at $1,295,649. A competitive list price for this home right now would fall in the $583,000 to $593,000 range. Buyers shopping in TURNABOUT TERRACE right now would see this as a well positioned option among 4 comparable homes. This home's larger footprint (107 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.36 acres versus the area average of 0.33) contributes to the valuation. Buyers in TURNABOUT TERRACE have 4 comparable options right now, with asking prices between $550,000 and $1,695,000. Prices in 78731 have fallen 0.9% over the last 6 months. A similar home at 5706 Highland Hills CIR, Austin TX 78731 carries an adjusted comparable value of $1,250,232, providing a strong data point. With 7 comparable sales in TURNABOUT TERRACE, 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