6905 PONCHA PASS, Austin TX 78749

Based on 7 closed sales in 78749, the data points to a value around $551,746 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $620,000 to $621,000. This home's position in the current 78749 market: the 2nd least expensive of 5 comparable homes on the market among comparable properties. Lot size matters here: 0.00 acres versus 0.16 for the typical comp. Current inventory shows 5 comparable homes in 78749; a balanced market based on recent absorption. Market data shows 78749 prices risen 3.3% over the last half year. The closest comparable sale, 7500 Shadowridge RUN # 37, Austin TX 78749 at an adjusted $452,223, is a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78749. This is strictly a numbers based opinion. Condition, upgrades, and layout can shift value in ways data cannot capture. Have questions? I'm always available. Ed Neuhaus, Neuhaus Realty Group