1200 Buffalo Gap RD, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $570,331. I'd recommend coming to market at $238,000 to $248,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78734, this price point stands out as competitive. This home's smaller footprint (905 sqft vs the comp average) plays a role in how the market prices it. Built in 1999, this home is 9 years older than the average comp, which is reflected in the adjustments. There are currently 7 similar homes on the market in 78734, ranging from $245,000 to $520,000. The trend in 78734 shows prices have fallen 9.7% in the past 6 months. 14501 Falcon Head BLVD # 32, Bee Cave TX 78738 nearby adjusts to $461,106; with a larger floor plan. Based on 7 relevant data points in 78734, 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