5805 Gerard DR, Austin TX 78744

The comparable sales data (7 recent transactions in ADDISON) supports an estimated value of $382,934. The data suggests a list price between $379,000 and $383,000 would attract qualified buyers without leaving money on the table. This pricing would rank the home as the most expensive of 3 comparable homes on the market in ADDISON's current inventory. At 167 sqft larger than the typical comp, the size difference factors into the valuation. 3 similar homes are currently available in ADDISON, creating a buyer's market for this price range. Prices in ADDISON have fallen 6.3% over the last 6 months. A similar home at 5813 Kara DR, Austin TX 78744 carries an adjusted comparable value of $361,375, providing a strong data point. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus