5515 Davis # 51, Austin TX 78749

Reviewing the most recent comparable transactions, this home's market value falls around $392,533. For a well positioned listing in 78749, I'd target the $385,000 to $400,000 range. At this price, the property would be the 2nd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78749. At 0.00 acres, the lot is smaller than the 0.16 acre comp average, which factors into pricing. Right now, 7 similar properties are competing for buyers in 78749, listed between $350,000 and $469,000. Recent trends in 78749 show home values have fallen 0.9% since 6 months ago. The most comparable recent sale is 8219 Edgemoor PL, Austin TX 78749, with an adjusted value of $359,431; a strong comparable. 7 comparable transactions in 78749 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