5908 Hammermill RUN, Austin TX 78744

After reviewing 7 recent transactions in VILLAGE SQUARE, I estimate this property's value at $240,996. A competitive list price for this home right now would fall in the $307,000 to $308,000 range. Relative to what's currently available in VILLAGE SQUARE, this home would be the 2nd least expensive of 4 comparable homes on the market. The smaller floor plan (143 sqft compared to the average comp) is a meaningful differentiator in this price range. At 5 years newer than typical comps, the 1985 build date influences the valuation. 4 similar homes are currently available in VILLAGE SQUARE, creating a buyer's market for this price range. Prices in 78744 have fallen 1.2% over the last 6 months. A similar home at 4612 Turnstone DR, Austin TX 78744 carries an adjusted comparable value of $124,112, providing a strong data point. With 7 comparable sales in VILLAGE SQUARE, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group