5903 Camino Seco, Austin TX 78731

Based on 7 closed sales in ARROYO SECO, the data points to a value around $724,112 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $492,000 to $502,000. Buyers shopping in ARROYO SECO right now would see this as a well positioned option among 5 comparable homes. This home's smaller footprint (267 sqft vs the comp average) plays a role in how the market prices it. Lot size matters here: 0.36 acres versus 0.23 for the typical comp. Current inventory shows 5 comparable homes in ARROYO SECO; a balanced market based on recent absorption. Market data shows 78731 prices risen 6% over the last half year. The closest comparable sale, 5512 Oakwood CV # 161, Austin TX 78731 at an adjusted $544,091, is with a larger floor plan. 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