Based on 3 closed sales in 78735, the data points to a value around $364,729 for this home. Given current inventory and recent sales, the sweet spot for listing this home is $354,000 to $376,000. Relative to what's currently available in 78735, this home would be the most expensive of 5 comparable homes on the market. Lot size matters here: 0.18 acres versus 0.15 for the typical comp. There are currently 5 similar homes on the market in 78735, ranging from $315,000 to $400,000. Market data shows 78735 prices fallen 14.2% over the last half year. The closest comparable sale, 7701 Rialto BLVD # 1322, Austin TX 78735 at an adjusted $370,540, is a strong comparable. This estimate draws on 3 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
