5600 Pinon Vista DR, Austin TX 78724

The market data from 7 similar recent sales in 78724 points to a value of approximately $361,186. To sell within a reasonable timeframe at fair market value, the $350,000 to $372,000 range is where I'd position this. With 1 comparable homes on the market in 78724, this price positions the property as below the only comparable home currently on the market. At 301 sqft smaller than the typical comp, the size difference factors into the valuation. The 1980 construction puts this home 39 years older than the comp average, a factor in the pricing. 1 similar homes are currently available in 78724, creating a buyer's market for this price range. In 78724, home values have risen approximately 2% over the past 6 months. One of the strongest data points is 7514 Daves Landing DR, Austin TX 78724, adjusting to $319,661; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group