After reviewing 7 recent transactions in JEFF DAVIS, I estimate this property's value at $703,976. A competitive list price for this home right now would fall in the $542,000 to $552,000 range. Relative to what's currently available in JEFF DAVIS, this home would be the 2nd least expensive of 7 comparable homes on the market. At 12 years older than typical comps, the 1999 build date influences the valuation. The larger lot (0.21 acres versus the area average of 0.17) contributes to the valuation. The active market in JEFF DAVIS includes 7 comparable homes priced from $550,000 to $995,000. Prices in 78756 have fallen 9.2% over the last 6 months. A similar home at 5514 William Holland Ave, Austin TX 78756 carries an adjusted comparable value of $686,482, providing a strong data point. The comp data here (7 sales in JEFF DAVIS) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property.
Curious about your home's value? Get a free estimate here. Ed Neuhaus