My analysis of 7 comparable properties puts this home's estimated value at $531,275. Based on how the local market is moving, a list price between $297,000 and $307,000 would position this home well. Buyers shopping in SPRING VALLEY right now would see this as a well positioned option among 1 comparable homes. Being 1,181 sqft smaller than the average comparable sale in this area impacts the per square foot value. At 99 years older than typical comps, the 1907 build date influences the valuation. There are currently 1 similar homes on the market in SPRING VALLEY, ranging from $324,900 to $324,900. The 6 month price trend in 78737: fallen 5.7%. The best comp here is 7301 Seneca Falls LOOP, Austin TX 78739 at an adjusted value of $555,361, with a larger floor plan. With 7 comparable sales in SPRING VALLEY, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group