5509 N Imperial DR, Austin TX 78724

After reviewing 6 recent transactions in 78724, I estimate this property's value at $421,989. A competitive list price for this home right now would fall in the $493,000 to $507,000 range. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in 78724's current inventory. At 9 years older than typical comps, the 1998 build date influences the valuation. The larger lot (0.25 acres versus the area average of 0.21) contributes to the valuation. The active market in 78724 includes 3 comparable homes priced from $349,999 to $550,000. Prices in 78724 have risen 4.7% over the last 6 months. A similar home at 5312 Agatha CIR, Austin TX 78724 carries an adjusted comparable value of $435,290, providing a strong data point. With 6 comparable sales in 78724, 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