6305 Vioitha DR # A, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $311,575. For a well positioned listing in 78723, I'd target the $219,000 to $229,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in 78723. The smaller floor plan (428 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.09 acres, the lot is smaller than the 0.27 acre comp average, which factors into pricing. 7 similar homes are currently available in 78723, creating a buyer's market for this price range. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 6305 Vioitha DR # B, Austin TX 78723, with an adjusted value of $259,700; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group