Taking into account 4 nearby comparable sales, this property's estimated value comes to $416,666. If we were to list this property today, I'd recommend a list price in the $497,000 to $511,000 range. Relative to what's currently available in RIVERBEND UNIV, this home would be the 4th most expensive of 7 comparable homes on the market. Being 235 sqft smaller than the average comparable sale in this area impacts the per square foot value. Being built in 1984 (14 years newer than comps) is factored into the value estimate. There are currently 7 similar homes on the market in RIVERBEND UNIV, ranging from $399,000 to $599,900. The 6 month price trend in 78723: risen 1.5%. The best comp here is 6610 Greensboro DR, Austin TX 78723 at an adjusted value of $497,318, a strong comparable. This estimate draws on 4 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help.
Ed Neuhaus