1153 Perry RD, Austin TX 78721

The market data from 7 similar recent sales in TANNEHILL points to a value of approximately $548,745. To sell within a reasonable timeframe at fair market value, the $803,000 to $855,000 range is where I'd position this. In the current TANNEHILL market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 1,199 sqft larger than the typical comp, the size difference factors into the valuation. The 1945 construction puts this home 28 years older than the comp average, a factor in the pricing. The active market in TANNEHILL includes 7 comparable homes priced from $520,000 to $1,165,000. In 78721, home values have fallen approximately 5% over the past 6 months. One of the strongest data points is 1110 Christie DR, Austin TX 78721, adjusting to $577,125; with a smaller floor plan. 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