8306 Longview RD, Austin TX 78745

Reviewing the most recent comparable transactions, this home's market value falls around $550,723. For a well positioned listing in 78745, I'd target the $572,000 to $668,000 range. With 7 comparable homes on the market in 78745, this price positions the property as the 4th most expensive of 7 comparable homes on the market. The 2009 construction puts this home 16 years newer than the comp average, a factor in the pricing. At 0.10 acres, the lot is smaller than the 0.18 acre comp average, which factors into pricing. There are currently 7 similar homes on the market in 78745, ranging from $499,000 to $675,000. Recent trends in 78745 show home values have fallen 4.6% since 6 months ago. The most comparable recent sale is 4320 Dos Cabezas DR, Austin TX 78749, with an adjusted value of $393,864; with a larger floor plan. 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