7116 Mumruffin LN, Austin TX 78754

Taking into account 7 nearby comparable sales, this property's estimated value comes to $300,562. If we were to list this property today, I'd recommend a list price in the $352,000 to $358,000 range. Relative to what's currently available in 78754, this home would be the most affordable of 5 comparable homes on the market. This home's larger footprint (526 sqft vs the comp average) plays a role in how the market prices it. Being built in 1995 (10 years older than comps) is factored into the value estimate. Current inventory shows 5 comparable homes in 78754; a buyer's market based on recent absorption. The 6 month price trend in 78754: fallen 5.7%. The best comp here is 11824 Offaly DR, Austin TX 78754 at an adjusted value of $316,252, a strong comparable. The strength of this estimate comes from 7 directly comparable sales in 78754. 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