5504 Ledesma RD, Austin TX 78721

After adjusting 3 comparable sales for differences in size, age, and features, this home's estimated value is $382,386. Pricing this home between $296,000 and $306,000 would put it in the competitive sweet spot for 78721. This home's position in the current 78721 market: the 2nd most expensive of 4 comparable homes on the market among comparable properties. The larger lot (0.24 acres versus the area average of 0.17) contributes to the valuation. There are currently 4 similar homes on the market in 78721, ranging from $269,000 to $492,500. Market data shows 78721 prices fallen 5% over the last half year. The closest comparable sale, 1104 Gardner RD, Austin TX 78721 at an adjusted $236,787, is a strong comparable. With 3 comparable sales in 78721, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group