5403 Summer CIR, Austin TX 78741

The market data from 7 similar recent sales in CROSSING GARDENHOMES points to a value of approximately $544,656. To sell within a reasonable timeframe at fair market value, the $240,000 to $250,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in CROSSING GARDENHOMES. The 1984 construction puts this home 14 years newer than the comp average, a factor in the pricing. At 0.17 acres, the lot is larger than the 0.08 acre comp average, which factors into pricing. With 3 similar homes currently listed in CROSSING GARDENHOMES (a buyer's market), competition is a factor to consider. In 78741, home values have fallen approximately 1.6% over the past 6 months. One of the strongest data points is 300 Crockett ST # 304, Austin TX 78704, adjusting to $479,483; 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