5505 Basswood LN, Austin TX 78723

Based on 7 closed sales in PRESWYCK HILLS, the data points to a value around $578,277 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $373,000 to $383,000. This home's position in the current PRESWYCK HILLS market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Lot size matters here: 0.28 acres versus 0.22 for the typical comp. 7 similar homes are currently available in PRESWYCK HILLS, creating a buyer's market for this price range. Market data shows 78723 prices fallen 0.7% over the last half year. The closest comparable sale, 3001 Cedarlawn CIR, Austin TX 78723 at an adjusted $617,276, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus