5500 Prock LN, Austin TX 78721

The market data from 7 similar recent sales in MOORE D points to a value of approximately $545,588. To sell within a reasonable timeframe at fair market value, the $529,000 to $562,000 range is where I'd position this. In the current MOORE D market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 1952 construction puts this home 54 years older than the comp average, a factor in the pricing. At 0.26 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in MOORE D; a buyer's market based on recent absorption. In 78721, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 1113 Lott Ave, Austin TX 78721, adjusting to $508,442; a strong comparable. 7 comparable transactions in MOORE D 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