5412-B McCandless # B, Austin TX 78756

After reviewing 6 recent transactions in SKYLAND, I estimate this property's value at $646,926. A competitive list price for this home right now would fall in the $693,000 to $700,000 range. Relative to what's currently available in SKYLAND, this home would be the 2nd most expensive of 3 comparable homes on the market. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. Current inventory shows 3 comparable homes in SKYLAND; a balanced market based on recent absorption. Prices in 78756 have fallen 20.5% over the last 6 months. A similar home at 1420 Houston ST, Austin TX 78756 carries an adjusted comparable value of $692,648, providing a strong data point. The comp data here (6 sales in SKYLAND) 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