5505 WESTMINSTER DR, Austin TX 78723

My analysis of 6 comparable properties puts this home's estimated value at $767,221. Based on how the local market is moving, a list price between $843,000 and $848,000 would position this home well. This home's position in the current DELWOOD EAST market: the 2nd most expensive of 3 comparable homes on the market among comparable properties. At 200 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 3 comparable homes in DELWOOD EAST; a balanced market based on recent absorption. The 6 month price trend in DELWOOD EAST: risen 13.9%. The best comp here is 1800 Northridge DR, Austin TX 78723 at an adjusted value of $813,850, with a smaller floor plan. The comp data here (6 sales in DELWOOD EAST) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus