5508 Prock LN, Austin TX 78721

Reviewing the most recent comparable transactions, this home's market value falls around $376,517. For a well positioned listing in MOORE D, I'd target the $287,000 to $297,000 range. With 3 comparable homes on the market in MOORE D, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. The 1945 construction puts this home 42 years older than the comp average, a factor in the pricing. At 0.16 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. With 3 similar homes currently listed in MOORE D (a buyer's market), competition is a factor to consider. Recent trends in 78721 show home values have fallen 5% since 6 months ago. The most comparable recent sale is 1110 Christie DR, Austin TX 78721, with an adjusted value of $472,460; with a larger floor plan. 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