5808 MOJAVE DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $340,421. For a well positioned listing in 78745, I'd target the $280,000 to $290,000 range. In the current 78745 market with 6 similar homes available, this price represents the 2nd least expensive of 6 comparable homes on the market. The 1962 construction puts this home 7 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. The active market in 78745 includes 6 comparable homes priced from $285,000 to $499,000. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 511 Ramble LN, Austin TX 78745, with an adjusted value of $454,775; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group