6206 Thurgood Ave, Austin TX 78721

After reviewing 7 recent transactions in 78721, I estimate this property's value at $538,943. A competitive list price for this home right now would fall in the $370,000 to $380,000 range. This home's position in the current 78721 market: the most expensive of 7 comparable homes on the market among comparable properties. The larger lot (0.36 acres versus the area average of 0.08) contributes to the valuation. 7 similar homes are currently available in 78721, creating a buyer's market for this price range. Prices in 78721 have fallen 5% over the last 6 months. A similar home at 300 Crockett ST # 304, Austin TX 78704 carries an adjusted comparable value of $457,794, providing a strong data point. With 7 comparable sales in 78721, 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