5308 Jason DR, Austin TX 78723

The market data from 6 similar recent sales in PARK EAST points to a value of approximately $542,303. To sell within a reasonable timeframe at fair market value, the $471,000 to $481,000 range is where I'd position this. With 3 comparable homes on the market in PARK EAST, this price positions the property as the most expensive of 3 comparable homes on the market. At 351 sqft larger than the typical comp, the size difference factors into the valuation. The 2022 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 3 similar properties are competing for buyers in PARK EAST, listed between $389,900 and $625,000. In 78723, home values have risen approximately 2% over the past 6 months. One of the strongest data points is 4821 Star Jasmine DR # 141, Austin TX 78723, adjusting to $540,480; with a smaller floor plan. The 6 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group