5306 Sunshine DR, Austin TX 78756

The comparable sales data (3 recent transactions in SKYLAND TERRACE) supports an estimated value of $571,305. The data suggests a list price between $691,000 and $735,000 would attract qualified buyers without leaving money on the table. Relative to what's currently available in SKYLAND TERRACE, this home would be the 3rd least expensive of 7 comparable homes on the market. Being 123 sqft larger than the average comparable sale in this area impacts the per square foot value. Being built in 1975 (12 years newer than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in SKYLAND TERRACE; a balanced market based on recent absorption. Prices in 78756 have fallen 8.8% over the last 6 months. A similar home at 5505 Joe Sayers Ave, Austin TX 78756 carries an adjusted comparable value of $690,859, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in SKYLAND TERRACE. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group