7404 Albert RD, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $507,449. For a well positioned listing in ALLENTHARP, I'd target the $512,000 to $524,000 range. At this price, the property would be the 3rd most expensive of 7 comparable homes on the market comparable homes currently on the market in ALLENTHARP. The 1954 construction puts this home 63 years older than the comp average, a factor in the pricing. At 1.50 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in ALLENTHARP; a buyer's market based on recent absorption. Recent trends in 78745 show home values have fallen 5.2% since 6 months ago. The most comparable recent sale is 7711 Stephany Taylor DR, Austin TX 78745, with an adjusted value of $508,505; a strong comparable. 7 comparable transactions in ALLENTHARP support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group