5509 Hibiscus DR, Austin TX 78724

After adjusting 6 comparable sales for differences in size, age, and features, this home's estimated value is $299,814. Pricing this home between $339,000 and $392,000 would put it in the competitive sweet spot for NORTHRIDGE PARK. Relative to what's currently available in NORTHRIDGE PARK, this home would be the 2nd most expensive of 3 comparable homes on the market. Being 117 sqft smaller than the average comparable sale in this area impacts the per square foot value. The larger lot (0.22 acres versus the area average of 0.16) contributes to the valuation. The active market in NORTHRIDGE PARK includes 3 comparable homes priced from $298,000 to $397,500. Market data shows 78724 prices risen 6.6% over the last half year. The closest comparable sale, 7513 Tumbleweed DR, Austin TX 78724 at an adjusted $318,137, is with a smaller floor plan. With 6 comparable sales in NORTHRIDGE PARK, 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