Reviewing the most recent comparable transactions, this home's market value falls around $287,723. For a well positioned listing in 78744, I'd target the $198,000 to $208,000 range. With 4 comparable homes on the market in 78744, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 1979 construction puts this home 5 years older than the comp average, a factor in the pricing. The active market in 78744 includes 4 comparable homes priced from $199,000 to $312,500. Recent trends in 78744 show home values have risen 2.6% since 6 months ago. The most comparable recent sale is 4616 Borage DR, Austin TX 78744, with an adjusted value of $238,170; a strong comparable. 6 comparable transactions in 78744 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