5803 Fairlane DR, Austin TX 78757

The market data from 7 similar recent sales in ALLANDALE WEST points to a value of approximately $1,022,787. To sell within a reasonable timeframe at fair market value, the $804,000 to $814,000 range is where I'd position this. At this price, the property would be the 2nd most expensive of 4 comparable homes on the market comparable homes currently on the market in ALLANDALE WEST. At 0.26 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. 4 similar homes are currently available in ALLANDALE WEST, creating a buyer's market for this price range. In ALLANDALE WEST, home values have fallen approximately 22.9% over the past 6 months. One of the strongest data points is 5800 Marilyn DR, Austin TX 78757, adjusting to $984,068; with a larger floor plan. 7 comparable transactions in ALLANDALE WEST support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group