7606 Latta DR, Austin TX 78749

Reviewing the most recent comparable transactions, this home's market value falls around $589,402. For a well positioned listing in BROWN RAY, I'd target the $419,000 to $429,000 range. With 7 comparable homes on the market in BROWN RAY, this price positions the property as the 2nd most expensive of 7 comparable homes on the market. The 2001 construction puts this home 9 years newer than the comp average, a factor in the pricing. At 2.94 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in BROWN RAY; a balanced market based on recent absorption. Recent trends in 78749 show home values have risen 6.1% since 6 months ago. The most comparable recent sale is 3404 Thomas Kincheon ST # 3, Austin TX 78745, with an adjusted value of $673,550; 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