6201 Mayhall DR, Austin TX 78721

Based on 6 closed sales in 78721, the data points to a value around $401,664 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $213,000 to $223,000. This would position the home competitively among 4 active listings in 78721. Being built in 1971 (9 years older than comps) is factored into the value estimate. Lot size matters here: 0.00 acres versus 0.07 for the typical comp. There are currently 4 similar homes on the market in 78721, ranging from $199,000 to $399,000. Market data shows 78721 prices fallen 7% over the last half year. The closest comparable sale, 300 Crockett ST # 304, Austin TX 78704 at an adjusted $380,416, is a strong comparable. The strength of this estimate comes from 6 directly comparable sales in 78721. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group