5515 Burgundy DR, Austin TX 78724

Taking into account 7 nearby comparable sales, this property's estimated value comes to $412,617. If we were to list this property today, I'd recommend a list price in the $535,000 to $550,000 range. This would position the home competitively among 7 active listings in NORTHRIDGE PARK. The larger floor plan (113 sqft compared to the average comp) is a meaningful differentiator in this price range. Being built in 1981 (20 years older than comps) is factored into the value estimate. Current inventory shows 7 comparable homes in NORTHRIDGE PARK; a buyer's market based on recent absorption. The 6 month price trend in 78724: risen 2.5%. The best comp here is 5702 Purple Sage DR, Austin TX 78724 at an adjusted value of $384,894, a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus