5411 Burgundy DR, Austin TX 78724

Reviewing the most recent comparable transactions, this home's market value falls around $361,500. For a well positioned listing in NORTHRIDGE PARK, I'd target the $208,000 to $218,000 range. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in NORTHRIDGE PARK. Being 143 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1980 construction puts this home 9 years newer than the comp average, a factor in the pricing. 3 similar homes are currently available in NORTHRIDGE PARK, creating a buyer's market for this price range. Recent trends in 78724 show home values have risen 0.1% since 6 months ago. The most comparable recent sale is 7514 Uray DR, Austin TX 78724, with an adjusted value of $310,583; with a larger floor plan. 4 comparable transactions in NORTHRIDGE PARK 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