5803 Boulder CRK, Austin TX 78724

The estimated value of this property is $389,522, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $463,000 and $502,000. With 7 comparable homes on the market in LAS CIMAS, this price positions the property as the most affordable of 7 comparable homes on the market. The larger floor plan (469 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1977, this home is 11 years older than the average comp, which is reflected in the adjustments. Current inventory shows 7 comparable homes in LAS CIMAS; a buyer's market based on recent absorption. Recent trends in 78724 show home values have risen 6.1% since 6 months ago. The most comparable recent sale is 5702 Purple Sage DR, Austin TX 78724, with an adjusted value of $352,478; a strong comparable. Based on 7 relevant data points in LAS CIMAS, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX