The estimated value of this property is $343,885, based on 5 comparable sales within a mile. In today's market, I'd bring this home to market somewhere between $276,000 and $286,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in DEERFIELD PARK. Built in 1983, this home is 11 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 risen 4.9% 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
