8308 Reeda LN, Austin TX 78757

The market data from 6 similar recent sales in DIXIE TERRACE points to a value of approximately $741,950. To sell within a reasonable timeframe at fair market value, the $615,000 to $625,000 range is where I'd position this. In the current DIXIE TERRACE market with 6 similar homes available, this price represents the 3rd least expensive of 6 comparable homes on the market. The 187 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.17 acres, the lot is smaller than the 0.20 acre comp average, which factors into pricing. The active market in DIXIE TERRACE includes 6 comparable homes priced from $550,000 to $850,000. In 78757, home values have risen approximately 4.8% over the past 6 months. One of the strongest data points is 1812 Ohlen RD, Austin TX 78757, adjusting to $786,007; with a smaller floor plan. 6 comparable transactions in DIXIE TERRACE 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