5304 Allamanda DR, Austin TX 78739

My analysis of 7 comparable properties puts this home's estimated value at $731,433. Based on how the local market is moving, a list price between $611,000 and $621,000 would position this home well. This home's position in the current 78739 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 7 years newer than typical comps, the 2014 build date influences the valuation. The smaller lot (0.15 acres versus the area average of 0.29) contributes to the valuation. Current inventory shows 7 comparable homes in 78739; a balanced market based on recent absorption. The 6 month price trend in 78739: risen 6.1%. The best comp here is 11214 Stormy Ridge RD, Austin TX 78739 at an adjusted value of $700,052, a strong comparable. With 7 comparable sales in 78739, 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