6214 WALNUT HILLS DR, Austin TX 78723

After reviewing 3 recent transactions in 78723, I estimate this property's value at $369,808. A competitive list price for this home right now would fall in the $420,000 to $473,000 range. Relative to what's currently available in 78723, this home would be the 3rd least expensive of 7 comparable homes on the market. At 8 years older than typical comps, the 1953 build date influences the valuation. The smaller lot (0.00 acres versus the area average of 0.16) contributes to the valuation. Current inventory shows 7 comparable homes in 78723; a buyer's market based on recent absorption. Prices in 78723 have risen 1.5% over the last 6 months. A similar home at 6806 Syracuse CV, Austin TX 78723 carries an adjusted comparable value of $407,714, providing a strong data point. The comp data here (3 sales in 78723) 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