10221B David Moore, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $516,516. To generate strong buyer interest while maximizing value, I'd price this between $440,000 and $450,000. In the current REES FAMILY CONDOMINIUMS market with 7 similar homes available, this price represents the 3rd most expensive of 7 comparable homes on the market. The larger floor plan (142 sqft compared to the average comp) is a meaningful differentiator in this price range. The 2007 construction puts this home 6 years older than the comp average, a factor in the pricing. There are currently 7 similar homes on the market in REES FAMILY CONDOMINIUMS, ranging from $430,000 to $740,000. The trend in 78748 shows prices have fallen 4.2% in the past 6 months. 9512 Tanager WAY # 112, Austin TX 78748 nearby adjusts to $525,095; with a smaller floor plan. 7 comparable transactions in REES FAMILY CONDOMINIUMS support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group