5303 King Henry DR, Austin TX 78724

The market data from 5 similar recent sales in CAVALIER PARK points to a value of approximately $312,657. To sell within a reasonable timeframe at fair market value, the $306,000 to $319,000 range is where I'd position this. With 4 comparable homes on the market in CAVALIER PARK, this price positions the property as the most expensive of 4 comparable homes on the market. The 1975 construction puts this home 8 years newer than the comp average, a factor in the pricing. Current inventory shows 4 comparable homes in CAVALIER PARK; a buyer's market based on recent absorption. In CAVALIER PARK, home values have fallen approximately 20.3% over the past 6 months. One of the strongest data points is 5217 Provencial DR, Austin TX 78724, adjusting to $291,631; a strong comparable. 5 comparable transactions in CAVALIER PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group