5416 King Henry DR, Austin TX 78724

Reviewing the most recent comparable transactions, this home's market value falls around $270,119. For a well positioned listing in HERITAGE PARK CAVALIER, I'd target the $262,000 to $278,000 range. Against 7 similar active listings in HERITAGE PARK CAVALIER, this price point lands at the most affordable of 7 comparable homes on the market. The 1998 construction puts this home 6 years older than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in HERITAGE PARK CAVALIER; a buyer's market based on recent absorption. Recent trends in 78724 show home values have risen 3.5% since 6 months ago. The most comparable recent sale is 8824 Southwick DR, Austin TX 78724, with an adjusted value of $282,037; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group