8602 Swanson LN, Austin TX 78748

Based on 7 closed sales in SWANSONS GARDEN, the data points to a value around $304,561 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $164,000 to $174,000. This home's position in the current SWANSONS GARDEN market: the 2nd most expensive of 7 comparable homes on the market among comparable properties. Being built in 1959 (34 years older than comps) is factored into the value estimate. Lot size matters here: 0.40 acres versus 0.14 for the typical comp. Current inventory shows 7 comparable homes in SWANSONS GARDEN; a balanced market based on recent absorption. Market data shows 78748 prices fallen 4.2% over the last half year. The closest comparable sale, 8501 Shallot WAY, Austin TX 78748 at an adjusted $266,315, is a strong comparable. This estimate draws on 7 comparable sales, offering a reliable picture of market value. That said, this is a data only estimate. A walkthrough could change the picture. Want a detailed analysis for a home you're considering? I'm happy to help. Ed Neuhaus