10801 Mint Julep DR, Austin TX 78748

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $444,400. I'd recommend coming to market at $458,000 to $465,000 to strike the right balance between value and market velocity. With 3 comparable homes on the market in STABLEWOOD SLAUGHTER CREEKSEC, this price positions the property as the 2nd most expensive of 3 comparable homes on the market. This home's smaller footprint (151 sqft vs the comp average) plays a role in how the market prices it. The 0.34 acre lot (larger than the 0.23 acre average) is reflected in the estimate. The active market in STABLEWOOD SLAUGHTER CREEKSEC includes 3 comparable homes priced from $399,900 to $535,000. The trend in 78748 shows prices have fallen 4.5% in the past 6 months. 325 Middle Ground CV, Austin TX 78748 nearby adjusts to $456,062; 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