5805 Benz CV, Austin TX 78724

Based on 7 closed sales in PHS, the data points to a value around $304,538 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $326,000 to $328,000. This pricing would rank the home as the 3rd least expensive of 7 comparable homes on the market in PHS's current inventory. Current inventory shows 7 comparable homes in PHS; a buyer's market based on recent absorption. Market data shows 78724 prices risen 3.8% over the last half year. The closest comparable sale, 6005 Shanjia DR, Austin TX 78724 at an adjusted $294,297, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in PHS. 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