5420 Rayburn LN, Austin TX 78723

Based on 5 closed sales in SENATE HILLS, the data points to a value around $399,114 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $387,000 to $411,000. This pricing would rank the home as the most expensive of 3 comparable homes on the market in SENATE HILLS's current inventory. This home's smaller footprint (230 sqft vs the comp average) plays a role in how the market prices it. Being built in 2007 (8 years older than comps) is factored into the value estimate. Current inventory shows 3 comparable homes in SENATE HILLS; a seller's market based on recent absorption. The closest comparable sale, 5332 Krueger LN, Austin TX 78723 at an adjusted $361,042, is with a larger floor plan. The strength of this estimate comes from 5 directly comparable sales in SENATE HILLS. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group