5409 Regency DR, Austin TX 78724

Reviewing the most recent comparable transactions, this home's market value falls around $360,392. For a well positioned listing in HERITAGE PARK CAVALIER, I'd target the $245,000 to $255,000 range. In the current HERITAGE PARK CAVALIER market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The 1987 construction puts this home 7 years newer than the comp average, a factor in the pricing. At 0.23 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in HERITAGE PARK CAVALIER; a buyer's market based on recent absorption. Recent trends in 78724 show home values have risen 5.5% since 6 months ago. The most comparable recent sale is 6101 Garden View DR, Austin TX 78724, with an adjusted value of $373,432; a strong comparable. 7 comparable transactions in HERITAGE PARK CAVALIER support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group