9420 Alex LN, Austin TX 78748

The estimated value of this property is $409,799, based on 7 comparable sales within half a mile. In today's market, I'd bring this home to market somewhere between $422,000 and $440,000. In the current SOUTHPARK MDWS market with 4 similar homes available, this price represents the 2nd most expensive of 4 comparable homes on the market. At 131 sqft smaller than the typical comp, the size difference factors into the valuation. Right now, 4 similar properties are competing for buyers in SOUTHPARK MDWS, listed between $395,000 and $475,000. Recent trends in 78748 show home values have fallen 5.3% since 6 months ago. The most comparable recent sale is 9401 Margaret Jewel LN, Austin TX 78748, with an adjusted value of $413,892; with a larger floor plan. 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