10513 Georgian DR, Austin TX 78753

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $273,431. I'd recommend coming to market at $175,000 to $185,000 to strike the right balance between value and market velocity. In the current MOCKINGBIRD HILL market with 5 similar homes available, this price represents the 2nd most expensive of 5 comparable homes on the market. The 283 sqft size difference versus comparable sales is reflected in the adjusted values. Built in 1977, this home is 6 years older than the average comp, which is reflected in the adjustments. Current inventory shows 5 comparable homes in MOCKINGBIRD HILL; a buyer's market based on recent absorption. The trend in 78753 shows prices have fallen 1.8% in the past 6 months. 600 W Applegate DR, Austin TX 78753 nearby adjusts to $278,226; 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