5304 Ledesma RD, Austin TX 78721

The estimated value of this property is $479,661, based on 7 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $255,000 and $265,000. With 7 comparable homes on the market in GREEN VALLEY, this price positions the property as the 3rd least expensive of 7 comparable homes on the market. Built in 2003, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.24 acre lot (larger than the 0.17 acre average) is reflected in the estimate. Right now, 7 similar properties are competing for buyers in GREEN VALLEY, listed between $295,000 and $600,000. Recent trends in 78721 show home values have fallen 15.1% since 6 months ago. The most comparable recent sale is 5700 Jain LN, Austin TX 78721, with an adjusted value of $443,838; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group