Reviewing the most recent comparable transactions, this home's market value falls around $544,021. For a well positioned listing in 78758, I'd target the $350,000 to $360,000 range. At this price, the property would be the most expensive of 4 comparable homes on the market comparable homes currently on the market in 78758. The larger floor plan (186 sqft compared to the average comp) is a meaningful differentiator in this price range. Right now, 4 similar properties are competing for buyers in 78758, listed between $314,900 and $575,000. Recent trends in 78758 show home values have fallen 4.3% since 6 months ago. The most comparable recent sale is 9013 Collinfield DR, Austin TX 78758, with an adjusted value of $422,279; with a smaller floor plan. 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