6306 El Mirando ST, Austin TX 78741

The estimated value of this property is $260,872, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $203,000 and $213,000. In the current 78741 market with 4 similar homes available, this price represents the most expensive of 4 comparable homes on the market. At 137 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1975, this home is 11 years older than the average comp, which is reflected in the adjustments. 4 similar homes are currently available in 78741, creating a buyer's market for this price range. Recent trends in 78741 show home values have fallen 1.1% since 6 months ago. The most comparable recent sale is 405 Montopolis DR, Austin TX 78741, with an adjusted value of $255,875; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group