After adjusting 7 comparable sales for differences in size, age, and features, this home's estimated value is $268,365. Pricing this home between $263,000 and $274,000 would put it in the competitive sweet spot for COOK-WALDEN. This pricing would rank the home as the 2nd most expensive of 7 comparable homes on the market in COOK-WALDEN's current inventory. This home's larger footprint (102 sqft vs the comp average) plays a role in how the market prices it. The larger lot (0.98 acres versus the area average of 0.07) contributes to the valuation. Buyers in COOK-WALDEN have 7 comparable options right now, with asking prices between $199,900 and $319,000. Market data shows 78757 prices fallen 3.9% over the last half year. The closest comparable sale, 900 Taulbee LN # 106, Austin TX 78757 at an adjusted $204,053, 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