1102 Romeria DR, Austin TX 78757

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $749,781. To generate strong buyer interest while maximizing value, I'd price this between $591,000 and $601,000. Against 3 similar active listings in PAXTON, this price point lands at the 2nd most expensive of 3 comparable homes on the market. The 1959 construction puts this home 6 years newer than the comp average, a factor in the pricing. At 0.25 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 3 similar homes currently listed in PAXTON (a balanced market), competition is a factor to consider. The trend in 78757 shows prices have risen 5.3% in the past 6 months. 1701 Brentwood ST, Austin TX 78757 nearby adjusts to $722,529; a strong comparable. 7 comparable transactions in PAXTON support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group