6005 Hogan Ave, Austin TX 78741

The estimated value of this property is $246,307, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $197,000 and $207,000. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in FAIRWAY CLUB. At 478 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1971, this home is 30 years older than the average comp, which is reflected in the adjustments. With 5 similar homes currently listed in FAIRWAY CLUB (a buyer's market), competition is a factor to consider. Recent trends in 78741 show home values have fallen 8.2% since 6 months ago. The most comparable recent sale is 1400 Brandt DR, Austin TX 78742, with an adjusted value of $239,680; with a larger floor plan. Based on 7 relevant data points in FAIRWAY CLUB, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX