1050 Verbena DR, Austin TX 78750

My analysis of 7 comparable properties puts this home's estimated value at $261,853. Based on how the local market is moving, a list price between $309,000 and $317,000 would position this home well. This pricing would rank the home as the 2nd most expensive of 3 comparable homes on the market in VILLAS ANDERSON MILL CONDOS BL's current inventory. This home's smaller footprint (111 sqft vs the comp average) plays a role in how the market prices it. The smaller lot (0.00 acres versus the area average of 0.13) contributes to the valuation. 3 similar homes are currently available in VILLAS ANDERSON MILL CONDOS BL, creating a buyer's market for this price range. The best comp here is 1028 Verbena DR # 1144, Austin TX 78750 at an adjusted value of $214,108, a strong comparable. With 7 comparable sales in VILLAS ANDERSON MILL CONDOS BL, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group