8606 Swanson LN, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $314,469. For a well positioned listing in SWANSONS GARDEN, I'd target the $184,000 to $194,000 range. With 7 comparable homes on the market in SWANSONS GARDEN, this price positions the property as the most expensive of 7 comparable homes on the market. The 1959 construction puts this home 36 years older than the comp average, a factor in the pricing. At 0.41 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in SWANSONS GARDEN (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 4.7% since 6 months ago. The most comparable recent sale is 213 Virtus BND # 25, Austin TX 78748, with an adjusted value of $309,772; a strong comparable. 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