5914 Hammermill RUN, Austin TX 78744

The market data from 7 similar recent sales in VILLAGE SQUARE points to a value of approximately $348,997. To sell within a reasonable timeframe at fair market value, the $202,000 to $212,000 range is where I'd position this. In the current VILLAGE SQUARE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. At 0.38 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. With 3 similar homes currently listed in VILLAGE SQUARE (a buyer's market), competition is a factor to consider. In 78744, home values have fallen approximately 0.6% over the past 6 months. One of the strongest data points is 5704 Creekbranch CV, Austin TX 78744, adjusting to $273,523; a strong comparable. The 7 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