6611 Mira Loma LN, Austin TX 78723

Reviewing the most recent comparable transactions, this home's market value falls around $435,065. For a well positioned listing in JACKSON Y, I'd target the $504,000 to $546,000 range. Against 3 similar active listings in JACKSON Y, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1952 construction puts this home 13 years older than the comp average, a factor in the pricing. At 0.29 acres, the lot is larger than the 0.24 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in JACKSON Y; a buyer's market based on recent absorption. Recent trends in 78723 show home values have fallen 10% since 6 months ago. The most comparable recent sale is 7105 Creighton LN, Austin TX 78723, with an adjusted value of $365,639; a strong comparable. The 3 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