1203 Armadillo RD, Austin TX 78745

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $477,588. To generate strong buyer interest while maximizing value, I'd price this between $554,000 and $572,000. With 4 comparable homes on the market in HUDSON & LAW, this price positions the property as the 2nd least expensive of 4 comparable homes on the market. The 1963 construction puts this home 5 years older than the comp average, a factor in the pricing. At 0.50 acres, the lot is larger than the 0.20 acre comp average, which factors into pricing. With 4 similar homes currently listed in HUDSON & LAW (a buyer's market), competition is a factor to consider. The trend in 78745 shows prices have risen 1.6% in the past 6 months. 5907 Eureka DR, Austin TX 78745 nearby adjusts to $530,498; 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