5525 City Park RD # 3, Austin TX 78730

Reviewing the most recent comparable transactions, this home's market value falls around $2,949,319. For a well positioned listing in 78730, I'd target the $1,596,000 to $1,606,000 range. In the current 78730 market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. The 930 sqft size difference versus comparable sales is reflected in the adjusted values. At 3.06 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. With 7 similar homes currently listed in 78730 (a buyer's market), competition is a factor to consider. Recent trends in 78730 show home values have fallen 14% since 6 months ago. The most comparable recent sale is 5901 Inter Council CV, Austin TX 78731, with an adjusted value of $1,903,039; with a smaller floor plan and a pool. 7 comparable transactions in 78730 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