6633 Tara DR, Austin TX 78747

The market data from 7 similar recent sales in 78747 points to a value of approximately $247,852. To sell within a reasonable timeframe at fair market value, the $251,000 to $272,000 range is where I'd position this. In the current 78747 market with 5 similar homes available, this price represents the 2nd least expensive of 5 comparable homes on the market. The smaller floor plan (140 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2001 construction puts this home 13 years newer than the comp average, a factor in the pricing. The active market in 78747 includes 5 comparable homes priced from $239,500 to $335,000. In 78747, home values have fallen approximately 8.8% over the past 6 months. One of the strongest data points is 4515 Blue Meadow DR, Austin TX 78744, adjusting to $331,105; 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