608 Springdale RD, Austin TX 78702

After reviewing 7 recent transactions in PIPKIN, I estimate this property's value at $568,150. A competitive list price for this home right now would fall in the $434,000 to $444,000 range. Buyers shopping in PIPKIN right now would see this as a well positioned option among 7 comparable homes. At 647 sqft smaller than the typical comp, the size difference factors into the valuation. At 34 years older than typical comps, the 1953 build date influences the valuation. The active market in PIPKIN includes 7 comparable homes priced from $420,000 to $1,150,000. Prices in 78702 have fallen 2.2% over the last 6 months. A similar home at 511 Allen ST, Austin TX 78702 carries an adjusted comparable value of $489,770, providing a strong data point. With 7 comparable sales in PIPKIN, 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