5707 Gloucester LN # A, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $360,308. For a well positioned listing in CRESTLAND, I'd target the $293,000 to $303,000 range. Against 4 similar active listings in CRESTLAND, this price point lands at the most expensive of 4 comparable homes on the market. The smaller floor plan (157 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.24 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. With 4 similar homes currently listed in CRESTLAND (a buyer's market), competition is a factor to consider. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 4805 Hilldale DR, Austin TX 78723, with an adjusted value of $267,938; with a larger floor plan. 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