5505 Durango PASS, Austin TX 78724

My analysis of 4 comparable properties puts this home's estimated value at $474,668. Based on how the local market is moving, a list price between $521,000 and $552,000 would position this home well. This pricing would rank the home as the 2nd least expensive of 6 comparable homes on the market in EAST PARKE's current inventory. This home's smaller footprint (110 sqft vs the comp average) plays a role in how the market prices it. Right now, 6 similar properties are competing for buyers in EAST PARKE, listed between $459,900 and $549,000. The 6 month price trend in 78724: risen 5.5%. The best comp here is 5408 Mars LN, Austin TX 78724 at an adjusted value of $513,016, with a smaller floor plan. With 4 comparable sales in EAST PARKE, 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