Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $454,005. I'd recommend coming to market at $440,000 to $468,000 to strike the right balance between value and market velocity. Against 7 similar active listings in PIONEER CROSSING EAST, this price point lands at the 2nd least expensive of 7 comparable homes on the market. Being 688 sqft larger than the average comparable sale in this area impacts the per square foot value. Built in 2005, this home is 7 years older than the average comp, which is reflected in the adjustments. 7 similar homes are currently available in PIONEER CROSSING EAST, creating a buyer's market for this price range. The trend in PIONEER CROSSING EAST shows prices have fallen 13.9% in the past 6 months. 11117 Harvest Time DR, Austin TX 78754 nearby adjusts to $441,480; with a smaller floor plan. Based on 6 relevant data points in PIONEER CROSSING EAST, 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