6409 Burns ST # 305, Austin TX 78752

After reviewing 7 recent transactions in QUATRO, I estimate this property's value at $488,574. A competitive list price for this home right now would fall in the $234,000 to $244,000 range. Relative to what's currently available in QUATRO, this home would be the 2nd most expensive of 7 comparable homes on the market. At 5 years older than typical comps, the 1984 build date influences the valuation. The larger lot (0.58 acres versus the area average of 0.14) contributes to the valuation. Current inventory shows 7 comparable homes in QUATRO; a buyer's market based on recent absorption. Prices in 78752 have risen 4.1% over the last 6 months. A similar home at 609 Hammack DR # 2, Austin TX 78752 carries an adjusted comparable value of $394,376, providing a strong data point. With 7 comparable sales in QUATRO, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group