5308 Ankara CT, Austin TX 78730

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $656,443. Pricing this home between $451,000 and $461,000 would put it in the competitive sweet spot for RIVER PLACE. This home's position in the current RIVER PLACE market: the most expensive of 3 comparable homes on the market among comparable properties. Being 304 sqft smaller than the average comparable sale in this area impacts the per square foot value. The smaller lot (0.14 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 3 comparable homes in RIVER PLACE; a buyer's market based on recent absorption. Market data shows RIVER PLACE prices fallen 1.8% over the last half year. The closest comparable sale, 10239 Scull Creek DR, Austin TX 78730 at an adjusted $724,840, is a strong comparable. The comp data here (4 sales in RIVER PLACE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus