6809 Idea RD, Austin TX 78741

Reviewing the most recent comparable transactions, this home's market value falls around $382,760. For a well positioned listing in PARK EAST, I'd target the $410,000 to $415,000 range. Against 6 similar active listings in PARK EAST, this price point lands at the most affordable of 6 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. 6 similar homes are currently available in PARK EAST, creating a buyer's market for this price range. Recent trends in 78741 show home values have fallen 1.6% since 6 months ago. The most comparable recent sale is 1604 Arcilla ST, Austin TX 78741, with an adjusted value of $392,813; a strong comparable. The 6 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