Reviewing the most recent comparable transactions, this home's market value falls around $418,901. For a well positioned listing in 78730, I'd target the $588,000 to $633,000 range. Against 6 similar active listings in 78730, this price point lands at the 2nd least expensive of 6 comparable homes on the market. The 2005 construction puts this home 9 years older than the comp average, a factor in the pricing. At 0.00 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. 6 similar homes are currently available in 78730, creating a buyer's market for this price range. Recent trends in 78730 show home values have fallen 7.4% since 6 months ago. The most comparable recent sale is 7009 Cut Plains TRL, Austin TX 78726, with an adjusted value of $431,709; a strong comparable. 6 comparable transactions in 78730 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