5905 Shanghai Pierce RD, Austin TX 78749

Reviewing the most recent comparable transactions, this home's market value falls around $538,545. For a well positioned listing in LEGEND OAKS, I'd target the $468,000 to $478,000 range. In the current LEGEND OAKS market with 7 similar homes available, this price represents the 4th most expensive of 7 comparable homes on the market. This home's smaller footprint (182 sqft vs the comp average) plays a role in how the market prices it. The 1988 construction puts this home 7 years older than the comp average, a factor in the pricing. 7 similar homes are currently available in LEGEND OAKS, creating a seller's market for this price range. Recent trends in LEGEND OAKS show home values have risen 11.2% since 6 months ago. The most comparable recent sale is 6142 Jumano LN, Austin TX 78749, with an adjusted value of $577,272; a strong comparable. 7 comparable transactions in LEGEND OAKS 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