11801 Bowery PL, Austin TX 78753

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $573,647. To generate strong buyer interest while maximizing value, I'd price this between $425,000 and $435,000. With 5 comparable homes on the market in SPRINGS/WALNUT CRK, this price positions the property as the most expensive of 5 comparable homes on the market. The 169 sqft size difference versus comparable sales is reflected in the adjusted values. At 0.20 acres, the lot is larger than the 0.16 acre comp average, which factors into pricing. Right now, 5 similar properties are competing for buyers in SPRINGS/WALNUT CRK, listed between $385,000 and $475,000. The trend in 78753 shows prices have fallen 0.2% in the past 6 months. 1605 Verdana DR, Austin TX 78753 nearby adjusts to $465,243; a strong comparable. The 4 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