1008 Daphne CT, Austin TX 78704

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,250,460. I'd recommend coming to market at $1,492,000 to $1,515,000 to strike the right balance between value and market velocity. 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 GARDEN OAKS. This home's smaller footprint (155 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in GARDEN OAKS; a buyer's market based on recent absorption. The trend in GARDEN OAKS shows prices have fallen 23.5% in the past 6 months. 3100 S 5th ST # 1, Austin TX 78704 nearby adjusts to $978,508; a strong comparable. Based on 5 relevant data points in GARDEN OAKS, 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