1016 Hermitage DR, Austin TX 78753

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $450,244. To generate strong buyer interest while maximizing value, I'd price this between $499,000 and $506,000. At this price, the property would be the most affordable of 4 comparable homes on the market comparable homes currently on the market in WOODBRIDGE. Being 145 sqft smaller than the average comparable sale in this area impacts the per square foot value. The 1980 construction puts this home 5 years newer than the comp average, a factor in the pricing. Right now, 4 similar properties are competing for buyers in WOODBRIDGE, listed between $475,000 and $549,000. The trend in WOODBRIDGE shows prices have fallen 14.7% in the past 6 months. 1002 Wisteria CIR, Austin TX 78753 nearby adjusts to $499,427; a strong comparable. The 5 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group