5306 Downs DR, Austin TX 78721

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $416,666. Pricing this home between $487,000 and $499,000 would put it in the competitive sweet spot for TRUMAN HEIGHTS. Relative to what's currently available in TRUMAN HEIGHTS, this home would be the most affordable of 3 comparable homes on the market. At 34 years newer than typical comps, the 2002 build date influences the valuation. The smaller lot (0.14 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 3 comparable homes in TRUMAN HEIGHTS; a buyer's market based on recent absorption. Market data shows TRUMAN HEIGHTS prices fallen 52.9% over the last half year. The closest comparable sale, 1724 Hillcrest LN, Austin TX 78721 at an adjusted $406,884, is a strong comparable. With 7 comparable sales in TRUMAN HEIGHTS, 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