6325 Vida Nueva Ave, Austin TX 78617

Based on 4 closed sales in LOS CIELOS, the data points to a value around $348,585 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $299,000 to $309,000. This home's position in the current LOS CIELOS market: the most expensive of 3 comparable homes on the market among comparable properties. The larger floor plan (479 sqft compared to the average comp) is a meaningful differentiator in this price range. Lot size matters here: 0.17 acres versus 0.14 for the typical comp. Current inventory shows 3 comparable homes in LOS CIELOS; a buyer's market based on recent absorption. Market data shows LOS CIELOS prices fallen 20.2% over the last half year. The closest comparable sale, 5900 Los Dios PL, Del Valle TX 78617 at an adjusted $366,438, is with a smaller floor plan. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus