5803 Sierra Madre, Austin TX 78759

The comparable sales data (3 recent transactions in SUMMIT OAKS) supports an estimated value of $621,145. The data suggests a list price between $696,000 and $706,000 would attract qualified buyers without leaving money on the table. This home's position in the current SUMMIT OAKS market: the 2nd least expensive of 7 comparable homes on the market among comparable properties. This home's smaller footprint (285 sqft vs the comp average) plays a role in how the market prices it. A pool adds market appeal. Only 3 minus 3 of the comps had one. 7 similar homes are currently available in SUMMIT OAKS, creating a balanced market for this price range. Prices in 78759 have risen 6.1% over the last 6 months. A similar home at 12303 Bar X DR, Austin TX 78727 carries an adjusted comparable value of $862,090, providing a strong data point. The strength of this estimate comes from 3 directly comparable sales in SUMMIT OAKS. 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