5905 Sierra Leon, Austin TX 78759

Reviewing the most recent comparable transactions, this home's market value falls around $682,919. For a well positioned listing in SUMMIT OAKS, I'd target the $593,000 to $603,000 range. Against 7 similar active listings in SUMMIT OAKS, this price point lands at the 2nd least expensive of 7 comparable homes on the market. The 1966 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.42 acres, the lot is larger than the 0.33 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in SUMMIT OAKS, ranging from $525,000 to $1,349,000. Recent trends in 78759 show home values have risen 5.3% since 6 months ago. The most comparable recent sale is 5701 Sierra Madre, Austin TX 78759, with an adjusted value of $586,165; a strong comparable. 6 comparable transactions in SUMMIT 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