9402 Privet DR, Austin TX 78748

The market data from 7 similar recent sales in SEARIGHT points to a value of approximately $375,626. To sell within a reasonable timeframe at fair market value, the $396,000 to $400,000 range is where I'd position this. Among the similar homes currently available in SEARIGHT, this price point stands out as competitive. The 118 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.08 acres, the lot is smaller than the 0.14 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in SEARIGHT; a balanced market based on recent absorption. In SEARIGHT, home values have fallen approximately 3.9% over the past 6 months. One of the strongest data points is 919 Boatswain WAY, Austin TX 78748, adjusting to $381,560; a strong comparable. 7 comparable transactions in SEARIGHT 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