9313 Alex LN, Austin TX 78748

Reviewing the most recent comparable transactions, this home's market value falls around $484,830. For a well positioned listing in SOUTHPARK MEADOWS, I'd target the $470,000 to $499,000 range. With 3 comparable homes on the market in SOUTHPARK MEADOWS, this price positions the property as the most affordable of 3 comparable homes on the market. Being 268 sqft larger than the average comparable sale in this area impacts the per square foot value. At 0.00 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. With 3 similar homes currently listed in SOUTHPARK MEADOWS (a balanced market), competition is a factor to consider. Recent trends in 78748 show home values have fallen 6% since 6 months ago. The most comparable recent sale is 408 Kissing Oak DR, Austin TX 78748, with an adjusted value of $515,542; a strong comparable. 7 comparable transactions in SOUTHPARK MEADOWS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group