11603 Ladera Vista DR # 20, Austin TX 78759

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $582,810. I'd recommend coming to market at $467,000 to $477,000 to strike the right balance between value and market velocity. In the current ARBORETUMED market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. The smaller floor plan (143 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1998, this home is 5 years newer than the average comp, which is reflected in the adjustments. With 7 similar homes currently listed in ARBORETUMED (a balanced market), competition is a factor to consider. The trend in 78759 shows prices have risen 14.3% in the past 6 months. 10300 Morado CV # 805, Austin TX 78759 nearby adjusts to $357,547; a strong comparable. Based on 5 relevant data points in ARBORETUMED, 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