7904 F M Road 969, Austin TX 78724

The market data from 7 similar recent sales in GERALD points to a value of approximately $349,630. To sell within a reasonable timeframe at fair market value, the $222,000 to $232,000 range is where I'd position this. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in GERALD. The 952 sqft size difference versus comparable sales is reflected in the adjusted values. The 1960 construction puts this home 51 years older than the comp average, a factor in the pricing. The active market in GERALD includes 6 comparable homes priced from $215,000 to $419,500. In 78724, home values have risen approximately 2.5% over the past 6 months. One of the strongest data points is 7305 Annette CV, Austin TX 78724, adjusting to $367,009; with a larger floor plan. 7 comparable transactions in GERALD support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group