6 Borello DR # 6, Austin TX 78738

The market data from 7 similar recent sales in 78738 points to a value of approximately $687,898. To sell within a reasonable timeframe at fair market value, the $345,000 to $355,000 range is where I'd position this. At this price, the property would be the most expensive of 5 comparable homes on the market comparable homes currently on the market in 78738. At 0.25 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. With 5 similar homes currently listed in 78738 (a buyer's market), competition is a factor to consider. In 78738, home values have fallen approximately 0.7% over the past 6 months. One of the strongest data points is 414 Indianwood DR, Austin TX 78738, adjusting to $745,435; 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