Reviewing the most recent comparable transactions, this home's market value falls around $342,617. For a well positioned listing in BUCKINGHAM ESTATES, I'd target the $350,000 to $358,000 range. At this price, the property would be the 2nd most expensive of 3 comparable homes on the market comparable homes currently on the market in BUCKINGHAM ESTATES. At 0.20 acres, the lot is larger than the 0.17 acre comp average, which factors into pricing. 3 similar homes are currently available in BUCKINGHAM ESTATES, creating a buyer's market for this price range. Recent trends in BUCKINGHAM ESTATES show home values have fallen 4.8% since 6 months ago. The most comparable recent sale is 614 Great Britain BLVD, Austin TX 78748, with an adjusted value of $310,189; 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