5329 Hutchinson DR, Austin TX 78723

The market data from 7 similar recent sales in SENATE HILLS points to a value of approximately $388,981. To sell within a reasonable timeframe at fair market value, the $312,000 to $322,000 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. The 2007 construction puts this home 39 years newer than the comp average, a factor in the pricing. At 0.14 acres, the lot is smaller than the 0.19 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in SENATE HILLS; a buyer's market based on recent absorption. In 78723, home values have fallen approximately 0.5% over the past 6 months. One of the strongest data points is 5321 Krueger LN S, Austin TX 78723, adjusting to $345,504; with a larger 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