5504 Jain LN, Austin TX 78721

Based on 7 closed sales in PECAN GROVE, the data points to a value around $647,097 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $634,000 to $660,000. This home's position in the current PECAN GROVE market: the most affordable of 3 comparable homes on the market among comparable properties. Being 163 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.20 acres versus 0.15 for the typical comp. There are currently 3 similar homes on the market in PECAN GROVE, ranging from $799,000 to $1,200,000. Market data shows 78721 prices risen 7.8% over the last half year. The closest comparable sale, 1103 Saucedo ST # 1, Austin TX 78721 at an adjusted $616,920, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PECAN GROVE. 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