6116 Richardson LN, Austin TX 78741

The market data from 3 similar recent sales in 78741 points to a value of approximately $223,778. To sell within a reasonable timeframe at fair market value, the $279,000 to $303,000 range is where I'd position this. At this price, the property would be the 3rd least expensive of 7 comparable homes on the market comparable homes currently on the market in 78741. At 0.23 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Buyers in 78741 have 7 comparable options right now, with asking prices between $209,000 and $354,959. In 78741, home values have fallen approximately 1.1% over the past 6 months. One of the strongest data points is 6311 Del Monte RD, Austin TX 78741, adjusting to $170,676; a strong comparable. The 3 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