5821 Brocade DR, Austin TX 78724

After reviewing 3 recent transactions in TIERMO, I estimate this property's value at $320,044. A competitive list price for this home right now would fall in the $310,000 to $330,000 range. This home's position in the current TIERMO market: the most affordable of 2 comparable homes on the market among comparable properties. This home's larger footprint (533 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.15) contributes to the valuation. 2 similar homes are currently available in TIERMO, creating a buyer's market for this price range. Prices in TIERMO have risen 3.4% over the last 6 months. A similar home at 5912 Berriweather DR, Austin TX 78724 carries an adjusted comparable value of $326,560, providing a strong data point. The comp data here (3 sales in TIERMO) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus