6211 Manor RD # 112, Austin TX 78723

My analysis of 7 comparable properties puts this home's estimated value at $475,714. Based on how the local market is moving, a list price between $310,000 and $320,000 would position this home well. This would position the home competitively among 7 active listings in ELDRIDGE. The larger lot (2.48 acres versus the area average of 0.20) contributes to the valuation. Current inventory shows 7 comparable homes in ELDRIDGE; a buyer's market based on recent absorption. The 6 month price trend in 78723: fallen 1.2%. The best comp here is 5228 Basswood LN, Austin TX 78723 at an adjusted value of $503,605, a strong comparable. The comp data here (7 sales in ELDRIDGE) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus