6444 Burnet RD # 502, Austin TX 78757

The market data from 7 similar recent sales in TREADWELL points to a value of approximately $936,814. To sell within a reasonable timeframe at fair market value, the $458,000 to $468,000 range is where I'd position this. With 7 comparable homes on the market in TREADWELL, this price positions the property as the most expensive of 7 comparable homes on the market. At 455 sqft smaller than the typical comp, the size difference factors into the valuation. The 2017 construction puts this home 53 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in TREADWELL; a buyer's market based on recent absorption. In 78757, home values have risen approximately 8.9% over the past 6 months. One of the strongest data points is 5902 Shoalwood Ave, Austin TX 78757, adjusting to $806,561; 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