6309 Florencia LN, Austin TX 78724

The market data from 7 similar recent sales in AGAVE points to a value of approximately $544,152. To sell within a reasonable timeframe at fair market value, the $377,000 to $387,000 range is where I'd position this. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in AGAVE. At 110 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.11 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. There are currently 3 similar homes on the market in AGAVE, ranging from $349,500 to $573,000. In 78724, home values have risen approximately 2% over the past 6 months. One of the strongest data points is 6116 Toscana Ave, Austin TX 78724, adjusting to $603,560; 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