6505 MESA DR, Austin TX 78731

The market data from 7 similar recent sales in 78731 points to a value of approximately $1,361,259. To sell within a reasonable timeframe at fair market value, the $1,069,000 to $1,079,000 range is where I'd position this. Against 6 similar active listings in 78731, this price point lands at the 2nd most expensive of 6 comparable homes on the market. This home's larger footprint (104 sqft vs the comp average) plays a role in how the market prices it. The pool is a differentiator here, since 3 of 7 comparable sales didn't include one. Right now, 6 similar properties are competing for buyers in 78731, listed between $925,000 and $1,479,500. In 78731, home values have fallen approximately 15.3% over the past 6 months. One of the strongest data points is 3802 Rockledge DR, Austin TX 78731, adjusting to $1,938,258; with no pool. 7 comparable transactions in 78731 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group