5612 Mesquite Grove RD, Austin TX 78744

After adjusting 4 comparable sales for differences in size, age, and features, this home's estimated value is $358,380. Pricing this home between $307,000 and $317,000 would put it in the competitive sweet spot for FAIRWAY RIDGE. Buyers shopping in FAIRWAY RIDGE right now would see this as a well positioned option among 6 comparable homes. At 143 sqft larger than the typical comp, the size difference factors into the valuation. Current inventory shows 6 comparable homes in FAIRWAY RIDGE; a buyer's market based on recent absorption. Market data shows 78744 prices risen 3.5% over the last half year. The closest comparable sale, 5302 Walnut Grove DR, Austin TX 78744 at an adjusted $362,922, is with a larger floor plan. The comp data here (4 sales in FAIRWAY RIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus