5506 Kings Highway, Austin TX 78745

The market data from 7 similar recent sales in DEER PARK points to a value of approximately $487,217. To sell within a reasonable timeframe at fair market value, the $380,000 to $390,000 range is where I'd position this. In the current DEER PARK market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. Being 110 sqft smaller than the average comparable sale in this area impacts the per square foot value. The active market in DEER PARK includes 7 comparable homes priced from $364,999 to $625,000. In 78745, home values have fallen approximately 1.9% over the past 6 months. One of the strongest data points is 2305 Laramie TRL, Austin TX 78745, adjusting to $614,434; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group