5355 MAGDELENA DR, Austin TX 78735

The market data from 7 similar recent sales in LOST CREEK GAINES RANCH points to a value of approximately $711,087. To sell within a reasonable timeframe at fair market value, the $756,000 to $762,000 range is where I'd position this. Against 3 similar active listings in LOST CREEK GAINES RANCH, this price point lands at the most affordable of 3 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.25 acre comp average, which factors into pricing. 3 similar homes are currently available in LOST CREEK GAINES RANCH, creating a buyer's market for this price range. In 78735, home values have fallen approximately 5.3% over the past 6 months. One of the strongest data points is 5000 Mission Oaks BLVD # 57, Austin TX 78735, adjusting to $675,785; a strong comparable. 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