5404 RAYBURN LN, Austin TX 78723

The estimated value of this property is $305,101, based on 3 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $340,000 and $341,000. Against 3 similar active listings in SENATE HILLS, this price point lands at the most affordable of 3 comparable homes on the market. Built in 2007, this home is 8 years older than the average comp, which is reflected in the adjustments. The 0.00 acre lot (smaller than the 0.10 acre average) is reflected in the estimate. The active market in SENATE HILLS includes 3 comparable homes priced from $325,000 to $365,000. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 4602 Bundyhill DR, Austin TX 78723, with an adjusted value of $329,343; a strong comparable. Based on 3 relevant data points in SENATE HILLS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX