7425 PEABODY DR, Austin TX 78729

The market data from 7 similar recent sales in 78729 points to a value of approximately $463,532. To sell within a reasonable timeframe at fair market value, the $469,000 to $475,000 range is where I'd position this. In the current 78729 market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The smaller floor plan (171 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. 7 similar homes are currently available in 78729, creating a balanced market for this price range. In 78729, home values have risen approximately 1.9% over the past 6 months. One of the strongest data points is 13450 Moscow TRL, Austin TX 78729, adjusting to $557,419; a strong comparable. The 7 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