5307 Delores Ave, Austin TX 78721

My analysis of 7 comparable properties puts this home's estimated value at $513,798. Based on how the local market is moving, a list price between $585,000 and $593,000 would position this home well. Buyers shopping in MASONFIELD right now would see this as a well positioned option among 3 comparable homes. At 29 years newer than typical comps, the 2005 build date influences the valuation. The larger lot (0.27 acres versus the area average of 0.21) contributes to the valuation. With 3 similar homes currently listed in MASONFIELD (a buyer's market), competition is a factor to consider. The 6 month price trend in 78721: fallen 5%. The best comp here is 3907 Carmel DR, Austin TX 78721 at an adjusted value of $607,191, a strong comparable. With 7 comparable sales in MASONFIELD, 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