5415 Summer CIR, Austin TX 78741

After reviewing 5 recent transactions in CROSSING GARDENHOMES II THE, I estimate this property's value at $203,045. A competitive list price for this home right now would fall in the $196,000 to $220,000 range. This home's position in the current CROSSING GARDENHOMES II THE market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. The smaller floor plan (109 sqft compared to the average comp) is a meaningful differentiator in this price range. At 8 years newer than typical comps, the 1984 build date influences the valuation. Current inventory shows 7 comparable homes in CROSSING GARDENHOMES II THE; a buyer's market based on recent absorption. Prices in 78741 have fallen 9.6% over the last 6 months. A similar home at 6115 Carnation TER, Austin TX 78741 carries an adjusted comparable value of $219,611, providing a strong data point. The comp data here (5 sales in CROSSING GARDENHOMES II THE) 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