5820 Berkman DR # 115, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $352,480. For a well positioned listing in 78723, I'd target the $179,000 to $189,000 range. In the current 78723 market with 7 similar homes available, this price represents the most expensive of 7 comparable homes on the market. This home's smaller footprint (542 sqft vs the comp average) plays a role in how the market prices it. The 1968 construction puts this home 6 years newer than the comp average, a factor in the pricing. 7 similar homes are currently available in 78723, creating a buyer's market for this price range. Recent trends in 78723 show home values have risen 1.7% since 6 months ago. The most comparable recent sale is 5820 Berkman DR # 119, Austin TX 78723, with an adjusted value of $186,674; a strong comparable. 7 comparable transactions in 78723 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