5609 Tallow Tree DR, Austin TX 78744

Based on 7 closed sales in PEPPERTREE PARK, the data points to a value around $354,959 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $300,000 to $310,000. This home's position in the current PEPPERTREE PARK market: the 4th most expensive of 7 comparable homes on the market among comparable properties. Being 101 sqft larger than the average comparable sale in this area impacts the per square foot value. Lot size matters here: 0.21 acres versus 0.17 for the typical comp. With 7 similar homes currently listed in PEPPERTREE PARK (a buyer's market), competition is a factor to consider. Market data shows PEPPERTREE PARK prices fallen 15.6% over the last half year. The closest comparable sale, 2306 Peppertree CT, Austin TX 78744 at an adjusted $374,055, is with a smaller floor plan. The strength of this estimate comes from 7 directly comparable sales in PEPPERTREE PARK. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group