5801 Monmarte CV, Austin TX 78744

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $351,886. Pricing this home between $388,000 and $391,000 would put it in the competitive sweet spot for ADDISON. Relative to what's currently available in ADDISON, this home would be the most affordable of 7 comparable homes on the market. The larger lot (0.21 acres versus the area average of 0.12) contributes to the valuation. With 7 similar homes currently listed in ADDISON (a buyer's market), competition is a factor to consider. Market data shows ADDISON prices risen 2.2% over the last half year. The closest comparable sale, 5305 Daimler DR, Austin TX 78744 at an adjusted $369,026, is with a larger floor plan. The comp data here (7 sales in ADDISON) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus