9001 East DR, Austin TX 78753

After reviewing 7 recent transactions in GEORGIAN ACRES, I estimate this property's value at $304,943. A competitive list price for this home right now would fall in the $185,000 to $195,000 range. This home's position in the current GEORGIAN ACRES market: the 3rd least expensive of 7 comparable homes on the market among comparable properties. At 19 years older than typical comps, the 1945 build date influences the valuation. The larger lot (0.72 acres versus the area average of 0.19) contributes to the valuation. Current inventory shows 7 comparable homes in GEORGIAN ACRES; a buyer's market based on recent absorption. Prices in 78753 have fallen 5.1% over the last 6 months. A similar home at 407 Middle LN, Austin TX 78753 carries an adjusted comparable value of $189,750, providing a strong data point. The comp data here (7 sales in GEORGIAN ACRES) gives us a clear read on this home's value. Important to note: this valuation is based on comparable sales data, not a physical inspection of the property. Curious about your home's value? Get a free estimate here. Ed Neuhaus