5404 Bull Run CIR, Austin TX 78727

The market data from 7 similar recent sales in 78727 points to a value of approximately $795,754. To sell within a reasonable timeframe at fair market value, the $493,000 to $503,000 range is where I'd position this. With 7 comparable homes on the market in 78727, this price positions the property as the most expensive of 7 comparable homes on the market. At 0.55 acres, the lot is larger than the 0.43 acre comp average, which factors into pricing. 7 similar homes are currently available in 78727, creating a balanced market for this price range. In 78727, home values have fallen approximately 0.8% over the past 6 months. One of the strongest data points is 6203 Danwood DR, Austin TX 78759, adjusting to $746,383; 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