7604 Lunar DR, Austin TX 78745

After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $341,243. Pricing this home between $244,000 and $254,000 would put it in the competitive sweet spot for 78745. This home's position in the current 78745 market: the 4th most expensive of 7 comparable homes on the market among comparable properties. At 139 sqft smaller than the typical comp, the size difference factors into the valuation. The larger lot (0.25 acres versus the area average of 0.17) contributes to the valuation. With 7 similar homes currently listed in 78745 (a buyer's market), competition is a factor to consider. Market data shows 78745 prices risen 0.5% over the last half year. The closest comparable sale, 8204 Alcorn CIR, Austin TX 78748 at an adjusted $309,065, is a strong comparable. The comp data here (7 sales in 78745) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus