5505 Reynolds RD, Austin TX 78749

My analysis of 7 comparable properties puts this home's estimated value at $754,794. Based on how the local market is moving, a list price between $560,000 and $570,000 would position this home well. This pricing would rank the home as the most expensive of 7 comparable homes on the market in 78749's current inventory. At 16 years older than typical comps, the 1958 build date influences the valuation. The larger lot (0.99 acres versus the area average of 0.68) contributes to the valuation. There are currently 7 similar homes on the market in 78749, ranging from $495,000 to $749,000. The 6 month price trend in 78749: risen 3.3%. The best comp here is 5613 Westview RD, Austin TX 78749 at an adjusted value of $781,740, with a larger floor plan. With 7 comparable sales in 78749, 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