5404 Mars LN, Austin TX 78724

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $486,517. Pricing this home between $544,000 and $569,000 would put it in the competitive sweet spot for EAST PARKE. This home's position in the current EAST PARKE market: the 2nd least expensive of 6 comparable homes on the market among comparable properties. At 5 years newer than typical comps, the 2023 build date influences the valuation. With 6 similar homes currently listed in EAST PARKE (a buyer's market), competition is a factor to consider. Market data shows 78724 prices risen 5.5% over the last half year. The closest comparable sale, 7617 Rio PASS, Austin TX 78724 at an adjusted $435,070, is a strong comparable. The comp data here (4 sales in EAST PARKE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus