5608 COUGAR DR # 107, Austin TX 78745

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $193,923. I'd recommend coming to market at $152,000 to $162,000 to strike the right balance between value and market velocity. In the current 78745 market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. At 399 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1984, this home is 9 years newer than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in 78745; a buyer's market based on recent absorption. The trend in 78745 shows prices have fallen 5.2% in the past 6 months. 5608 Cougar DR # 203, Austin TX 78745 nearby adjusts to $108,000; with a larger floor plan. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group