5703 Sierra Madre, Austin TX 78759

The market data from 5 similar recent sales in SUMMIT OAKS points to a value of approximately $575,846. To sell within a reasonable timeframe at fair market value, the $480,000 to $490,000 range is where I'd position this. Among the similar homes currently available in SUMMIT OAKS, this price point stands out as competitive. The 1967 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.44 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in SUMMIT OAKS, ranging from $463,932 to $870,000. In 78759, home values have risen approximately 13.3% over the past 6 months. One of the strongest data points is 4601 Bilboa DR, Austin TX 78759, adjusting to $685,401; a strong comparable. 5 comparable transactions in SUMMIT OAKS 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