1127 Walton LN, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $535,294. To generate strong buyer interest while maximizing value, I'd price this between $256,000 and $266,000. At this price, the property would be the most expensive of 7 comparable homes on the market comparable homes currently on the market in TANNEHILL. The 1940 construction puts this home 38 years older than the comp average, a factor in the pricing. At 0.40 acres, the lot is larger than the 0.14 acre comp average, which factors into pricing. With 7 similar homes currently listed in TANNEHILL (a buyer's market), competition is a factor to consider. The trend in 78721 shows prices have fallen 6.5% in the past 6 months. 2612 Canterbury ST, Austin TX 78702 nearby adjusts to $697,825; a strong comparable. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group