7 recent sales in the surrounding area of this address suggest a current value of $362,101. My recommended list price range for this property would be $276,000 to $286,000. With 1 comparable homes on the market in DONALL ESTATES, this price positions the property as below the only comparable home currently on the market. Built in 2002, this home is 19 years newer than the average comp, which is reflected in the adjustments. The 0.73 acre lot (larger than the 0.65 acre average) is reflected in the estimate. With 1 similar homes currently listed in DONALL ESTATES (a balanced market), competition is a factor to consider. In DONALL ESTATES, home values have fallen approximately 13.3% over the past 6 months. One of the strongest data points is 300 County Road 145, Burnet TX 78611, adjusting to $398,408; a strong comparable. Based on 7 relevant data points in DONALL 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