7 recent sales within half a mile of this address suggest a current value of $1,054,347. My recommended list price range for this property would be $1,316,000 to $1,327,000. In the current 78751 market with 4 similar homes available, this price represents the most affordable of 4 comparable homes on the market. The 122 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 2007, this home is 12 years older than the average comp, which is reflected in the adjustments. With 4 similar homes currently listed in 78751 (a buyer's market), competition is a factor to consider. In 78751, home values have risen approximately 5.8% over the past 6 months. One of the strongest data points is 936 E 50th ST, Austin TX 78751, adjusting to $999,223; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only.
Ed Neuhaus, Neuhaus Realty Group