5708 Trailridge DR, Austin TX 78731

Based on 3 closed sales in 78731, the data points to a value around $717,887 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $602,000 to $612,000. Relative to what's currently available in 78731, this home would be the most expensive of 5 comparable homes on the market. With 5 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. Market data shows 78731 prices fallen 15.3% over the last half year. The closest comparable sale, 5723 Highland Hills DR, Austin TX 78731 at an adjusted $620,022, is a strong comparable. The strength of this estimate comes from 3 directly comparable sales in 78731. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group