The market data from 7 similar recent sales in ALLANDALE THE points to a value of approximately $258,676. To sell within a reasonable timeframe at fair market value, the $170,000 to $180,000 range is where I'd position this. Against 3 similar active listings in ALLANDALE THE, this price point lands at the most expensive of 3 comparable homes on the market. At 313 sqft smaller than the typical comp, the size difference factors into the valuation. At 0.03 acres, the lot is smaller than the 0.33 acre comp average, which factors into pricing. Buyers in ALLANDALE THE have 3 comparable options right now, with asking prices between $180,000 and $189,900. In 78757, home values have risen approximately 3.9% over the past 6 months. One of the strongest data points is 7685 Northcross DR # 504, Austin TX 78757, adjusting to $180,000; 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