609 Redbud TRL, Austin TX 78748

The market data from 7 similar recent sales in SAN LEANNA ESTATES points to a value of approximately $414,795. To sell within a reasonable timeframe at fair market value, the $406,000 to $423,000 range is where I'd position this. Against 3 similar active listings in SAN LEANNA ESTATES, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1972 construction puts this home 17 years older than the comp average, a factor in the pricing. At 0.44 acres, the lot is smaller than the 0.77 acre comp average, which factors into pricing. 3 similar homes are currently available in SAN LEANNA ESTATES, creating a balanced market for this price range. In 78748, home values have fallen approximately 1.4% over the past 6 months. One of the strongest data points is 647 W FM 1626, Austin TX 78748, adjusting to $417,027; a strong comparable. 7 comparable transactions in SAN LEANNA ESTATES support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group