5329 Hutchinson DR, Austin TX 78723

The market data from 7 similar recent sales in SENATE HILLS points to a value of approximately $349,649. To sell within a reasonable timeframe at fair market value, the $351,000 to $355,000 range is where I'd position this. Against 3 similar active listings in SENATE HILLS, this price point lands at the most expensive of 3 comparable homes on the market. This home's smaller footprint (161 sqft vs the comp average) plays a role in how the market prices it. The 2007 construction puts this home 20 years newer than the comp average, a factor in the pricing. Current inventory shows 3 comparable homes in SENATE HILLS; a balanced market based on recent absorption. In SENATE HILLS, home values have fallen approximately 2.5% over the past 6 months. One of the strongest data points is 5321 Tower TRL, Austin TX 78723, adjusting to $368,040; with a smaller floor plan. The 7 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