6501 Berkman DR, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $338,655. For a well positioned listing in 78723, I'd target the $223,000 to $233,000 range. Among the similar homes currently available in 78723, this price point stands out as competitive. At 158 sqft smaller than the typical comp, the size difference factors into the valuation. The 1946 construction puts this home 12 years older than the comp average, a factor in the pricing. The active market in 78723 includes 7 comparable homes priced from $205,000 to $700,000. Recent trends in 78723 show home values have fallen 1.2% since 6 months ago. The most comparable recent sale is 6209 Peggy ST, Austin TX 78723, with an adjusted value of $360,450; 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