After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $464,336. Pricing this home between $193,000 and $203,000 would put it in the competitive sweet spot for COOK-WALDEN. This pricing would rank the home as the 3rd most expensive of 7 comparable homes on the market in COOK-WALDEN's current inventory. At 25 years newer than typical comps, the 1984 build date influences the valuation. The larger lot (0.98 acres versus the area average of 0.14) contributes to the valuation. Buyers in COOK-WALDEN have 7 comparable options right now, with asking prices between $189,900 and $599,000. Market data shows 78757 prices risen 7.9% over the last half year. The closest comparable sale, 5707 Joe Sayers Ave, Austin TX 78756 at an adjusted $573,290, is a strong comparable. With 7 comparable sales in COOK-WALDEN, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further.
Ed Neuhaus, Broker/Owner, Neuhaus Realty Group