5908 Sierra Madre, Austin TX 78759

Reviewing the most recent comparable transactions, this home's market value falls around $1,029,911. For a well positioned listing in 78759, I'd target the $630,000 to $640,000 range. Among the similar homes currently available in 78759, this price point stands out as competitive. The 1965 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.58 acres, the lot is larger than the 0.41 acre comp average, which factors into pricing. With 4 similar homes currently listed in 78759 (a balanced market), competition is a factor to consider. Recent trends in 78759 show home values have risen 6.9% since 6 months ago. The most comparable recent sale is 4901 Saddle DR, Austin TX 78727, with an adjusted value of $1,028,452; with a smaller floor plan. The 3 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group