5800 COURTYARD DR # 9, Austin TX 78731

The market data from 3 similar recent sales in 78731 points to a value of approximately $446,912. To sell within a reasonable timeframe at fair market value, the $617,000 to $621,000 range is where I'd position this. In the current 78731 market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. This home's larger footprint (159 sqft vs the comp average) plays a role in how the market prices it. The 1999 construction puts this home 12 years newer than the comp average, a factor in the pricing. With 6 similar homes currently listed in 78731 (a buyer's market), competition is a factor to consider. In 78731, home values have fallen approximately 16.9% over the past 6 months. One of the strongest data points is 5613 Muster CT, Austin TX 78731, adjusting to $445,245; a strong comparable. The 3 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