10416 Margra LN, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $659,497. I'd recommend coming to market at $413,000 to $423,000 to strike the right balance between value and market velocity. Against 3 similar active listings in SOUTHWEST GATE, this price point lands at the most expensive of 3 comparable homes on the market. The 138 sqft size difference versus comparable sales is reflected in the adjusted values. Current inventory shows 3 comparable homes in SOUTHWEST GATE; a balanced market based on recent absorption. The trend in 78748 shows prices have fallen 3% in the past 6 months. 10107 Alcott CV, Austin TX 78748 nearby adjusts to $635,015; a strong comparable. Based on 3 relevant data points in SOUTHWEST GATE, 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