1036 Liberty Park DR # 16, Austin TX 78746

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $1,256,897. I'd recommend coming to market at $1,502,000 to $1,512,000 to strike the right balance between value and market velocity. In the current VILLAS market with 7 similar homes available, this price represents the most affordable of 7 comparable homes on the market. This home's larger footprint (102 sqft vs the comp average) plays a role in how the market prices it. Current inventory shows 7 comparable homes in VILLAS; a buyer's market based on recent absorption. The trend in VILLAS shows prices have fallen 53.4% in the past 6 months. 1036 Liberty Park DR # 51A, Austin TX 78746 nearby adjusts to $1,201,973; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group