5509 Nelson Oaks DR, Austin TX 78724

Reviewing the most recent comparable transactions, this home's market value falls around $346,763. For a well positioned listing in 78724, I'd target the $297,000 to $307,000 range. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in 78724. Being 140 sqft larger than the average comparable sale in this area impacts the per square foot value. Right now, 5 similar properties are competing for buyers in 78724, listed between $280,000 and $450,000. Recent trends in 78724 show home values have risen 4.7% since 6 months ago. The most comparable recent sale is 5713 Nelson Oaks DR, Austin TX 78724, with an adjusted value of $314,921; with a smaller 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