5603 Median RD, Austin TX 78734

Reviewing the most recent comparable transactions, this home's market value falls around $489,966. For a well positioned listing in HUDSON BEND COLONY, I'd target the $303,000 to $313,000 range. Against 7 similar active listings in HUDSON BEND COLONY, this price point lands at the 4th most expensive of 7 comparable homes on the market. This home's larger footprint (117 sqft vs the comp average) plays a role in how the market prices it. At 0.53 acres, the lot is larger than the 0.50 acre comp average, which factors into pricing. 7 similar homes are currently available in HUDSON BEND COLONY, creating a buyer's market for this price range. Recent trends in 78734 show home values have fallen 6.5% since 6 months ago. The most comparable recent sale is 16301 Forest WAY, Austin TX 78734, with an adjusted value of $481,085; 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