The estimated value of this property is $341,086, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $363,000 and $366,000. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in DEERFIELD PARK. Built in 1983, this home is 7 years older than the average comp, which is reflected in the adjustments. The 0.37 acre lot (larger than the 0.25 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in DEERFIELD PARK; a balanced market based on recent absorption. Recent trends in 78613 show home values have fallen 0.6% since 6 months ago. The most comparable recent sale is 304 Fawnfield DR, Cedar Park TX 78613, with an adjusted value of $270,190; with a smaller floor plan. Based on 5 relevant data points in DEERFIELD PARK, 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
