The estimated value of this property is $350,359, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $160,000 and $170,000. Against 7 similar active listings in DIXIE TERRACE, this price point lands at the most expensive of 7 comparable homes on the market. This home's smaller footprint (421 sqft vs the comp average) plays a role in how the market prices it. The active market in DIXIE TERRACE includes 7 comparable homes priced from $171,990 to $370,000. Recent trends in 78757 show home values have risen 13.8% since 6 months ago. The most comparable recent sale is 1748 Ohlen RD # 9, Austin TX 78757, with an adjusted value of $139,699; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group