5305 N Imperial, Austin TX 78724

The market data from 7 similar recent sales in IMPERIAL VALLEY points to a value of approximately $284,724. To sell within a reasonable timeframe at fair market value, the $276,000 to $293,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in IMPERIAL VALLEY. The 2001 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. The active market in IMPERIAL VALLEY includes 7 comparable homes priced from $270,000 to $384,990. In 78724, home values have risen approximately 6.8% over the past 6 months. One of the strongest data points is 5201 Park At Woodlands DR, Austin TX 78724, adjusting to $314,750; a strong comparable. 7 comparable transactions in IMPERIAL VALLEY 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