5509 Kings Highway, Austin TX 78745

The market data from 4 similar recent sales in DEER PARK points to a value of approximately $467,537. To sell within a reasonable timeframe at fair market value, the $458,000 to $477,000 range is where I'd position this. With 7 comparable homes on the market in DEER PARK, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. Being 180 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1966 construction puts this home 5 years older than the comp average, a factor in the pricing. Buyers in DEER PARK have 7 comparable options right now, with asking prices between $315,000 and $499,000. In 78745, home values have fallen approximately 1.7% over the past 6 months. One of the strongest data points is 2701 Coatbridge DR, Austin TX 78745, adjusting to $369,786; with a larger floor plan. 4 comparable transactions in DEER PARK support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group