7407 Onion Creek DR, Austin TX 78744

Reviewing the most recent comparable transactions, this home's market value falls around $274,536. For a well positioned listing in 78744, I'd target the $308,000 to $317,000 range. At this price, the property would be the 2nd least expensive of 5 comparable homes on the market comparable homes currently on the market in 78744. Being 187 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1980 construction puts this home 10 years older than the comp average, a factor in the pricing. With 5 similar homes currently listed in 78744 (a buyer's market), competition is a factor to consider. Recent trends in 78744 show home values have fallen 3.2% since 6 months ago. The most comparable recent sale is 7812 Bixler DR, Austin TX 78744, with an adjusted value of $317,497; a strong comparable. The 5 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