5614 Peppertree PKWY, Austin TX 78744

The market data from 4 similar recent sales in PEPPERTREE PARK points to a value of approximately $318,431. To sell within a reasonable timeframe at fair market value, the $371,000 to $394,000 range is where I'd position this. At this price, the property would be the 2nd least expensive of 6 comparable homes on the market comparable homes currently on the market in PEPPERTREE PARK. This home's larger footprint (169 sqft vs the comp average) plays a role in how the market prices it. At 0.23 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. 6 similar homes are currently available in PEPPERTREE PARK, creating a buyer's market for this price range. In PEPPERTREE PARK, home values have fallen approximately 15.6% over the past 6 months. One of the strongest data points is 5414 Palo Blanco LN, Austin TX 78744, adjusting to $309,796; a strong comparable. The 4 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