5702 Purple Sage DR, Austin TX 78724

Reviewing the most recent comparable transactions, this home's market value falls around $435,651. For a well positioned listing in LAS CIMAS, I'd target the $517,000 to $543,000 range. At this price, the property would be the 2nd least expensive of 7 comparable homes on the market comparable homes currently on the market in LAS CIMAS. At 403 sqft larger than the typical comp, the size difference factors into the valuation. The 1976 construction puts this home 12 years older than the comp average, a factor in the pricing. Buyers in LAS CIMAS have 7 comparable options right now, with asking prices between $459,900 and $799,000. Recent trends in 78724 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 6903-6905 Crystalbrook DR, Austin TX 78724, with an adjusted value of $484,955; with a smaller floor plan. 7 comparable transactions in LAS CIMAS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group