5901 LONDON DR, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $861,254. For a well positioned listing in 78745, I'd target the $400,000 to $410,000 range. At this price, the property would be the 0th most expensive of 7 comparable homes on the market comparable homes currently on the market in 78745. The 2002 construction puts this home 24 years newer than the comp average, a factor in the pricing. At 0.61 acres, the lot is larger than the 0.23 acre comp average, which factors into pricing. The active market in 78745 includes 7 comparable homes priced from $389,500 to $775,000. Recent trends in 78745 show home values have fallen 10% since 6 months ago. The most comparable recent sale is 2904 Norfolk DR, Austin TX 78745, with an adjusted value of $931,937; a strong comparable. 7 comparable transactions in 78745 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