5308 DOWNS DR # 1, Austin TX 78721

My analysis of 7 comparable properties puts this home's estimated value at $449,843. Based on how the local market is moving, a list price between $318,000 and $328,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in TRUMAN HEIGHTS's current inventory. This home's smaller footprint (666 sqft vs the comp average) plays a role in how the market prices it. At 42 years newer than typical comps, the 2016 build date influences the valuation. The active market in TRUMAN HEIGHTS includes 7 comparable homes priced from $300,000 to $515,000. The 6 month price trend in TRUMAN HEIGHTS: fallen 52.9%. The best comp here is 5006 Lott Ave # 2, Austin TX 78721 at an adjusted value of $431,110, 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