5906 Sierra Leon, Austin TX 78759

My analysis of 7 comparable properties puts this home's estimated value at $655,066. Based on how the local market is moving, a list price between $655,000 and $671,000 would position this home well. Relative to what's currently available in SUMMIT OAKS, this home would be the most expensive of 7 comparable homes on the market. At 9 years older than typical comps, the 1966 build date influences the valuation. The larger lot (0.69 acres versus the area average of 0.21) contributes to the valuation. Current inventory shows 7 comparable homes in SUMMIT OAKS; a balanced market based on recent absorption. The 6 month price trend in 78759: risen 10.5%. The best comp here is 4411 Bilboa DR, Austin TX 78759 at an adjusted value of $792,746, a strong comparable. The comp data here (7 sales in SUMMIT OAKS) 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