5520 Rayburn LN, Austin TX 78723

After reviewing 4 recent transactions in SENATE HILLS, I estimate this property's value at $435,563. A competitive list price for this home right now would fall in the $488,000 to $496,000 range. This pricing would rank the home as the most affordable of 5 comparable homes on the market in SENATE HILLS's current inventory. The 128 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 5 comparable homes in SENATE HILLS; a buyer's market based on recent absorption. Prices in 78723 have fallen 10.4% over the last 6 months. A similar home at 5321 Krueger LN S, Austin TX 78723 carries an adjusted comparable value of $413,793, providing a strong data point. With 4 comparable sales in SENATE HILLS, 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