8509 S Bend Ave, Austin TX 78736

Reviewing the most recent comparable transactions, this home's market value falls around $535,202. For a well positioned listing in SIGLER, I'd target the $413,000 to $423,000 range. In the current SIGLER market with 5 similar homes available, this price represents the most expensive of 5 comparable homes on the market. The smaller floor plan (314 sqft compared to the average comp) is a meaningful differentiator in this price range. At 0.32 acres, the lot is smaller than the 1.22 acre comp average, which factors into pricing. The active market in SIGLER includes 5 comparable homes priced from $384,900 to $525,000. Recent trends in 78736 show home values have fallen 18.9% since 6 months ago. The most comparable recent sale is 8902 Butler CIR, Austin TX 78737, with an adjusted value of $436,822; with a smaller 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