5363 Westminster DR, Austin TX 78723

After reviewing 4 recent transactions in WINDSOR PARK, I estimate this property's value at $532,049. A competitive list price for this home right now would fall in the $618,000 to $640,000 range. This home's position in the current WINDSOR PARK market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. Being 180 sqft larger than the average comparable sale in this area impacts the per square foot value. The larger lot (0.22 acres versus the area average of 0.17) contributes to the valuation. Current inventory shows 7 comparable homes in WINDSOR PARK; a balanced market based on recent absorption. Prices in WINDSOR PARK have fallen 19.6% over the last 6 months. A similar home at 1205 Westmoor DR, Austin TX 78723 carries an adjusted comparable value of $600,714, providing a strong data point. With 4 comparable sales in WINDSOR PARK, 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