The estimated value of this property is $272,136, based on 7 comparable sales in the surrounding area. In today's market, I'd bring this home to market somewhere between $300,000 and $320,000. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in SUBURBIA ESTATES. Built in 1973, this home is 39 years older than the average comp, which is reflected in the adjustments. The 7.12 acre lot (larger than the 0.25 acre average) is reflected in the estimate. There are currently 4 similar homes on the market in SUBURBIA ESTATES, ranging from $279,998 to $345,000. Recent trends in 78602 show home values have risen 0.2% since 6 months ago. The most comparable recent sale is 107 Lemuel Crawford TRL, Bastrop TX 78602, with an adjusted value of $283,103; a strong comparable. Based on 7 relevant data points in SUBURBIA ESTATES, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story.
Ed Neuhaus, Neuhaus Realty Group | Austin, TX