1204 Arthur Stiles RD, Austin TX 78721

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $366,762. To generate strong buyer interest while maximizing value, I'd price this between $496,000 and $511,000. With 7 comparable homes on the market in JOHNSTON TERRACE, this price positions the property as the 2nd least expensive of 7 comparable homes on the market. The 205 sqft size difference versus comparable sales is reflected in the adjusted values. The 1970 construction puts this home 5 years newer than the comp average, a factor in the pricing. Current inventory shows 7 comparable homes in JOHNSTON TERRACE; a buyer's market based on recent absorption. The trend in 78721 shows prices have risen 5.4% in the past 6 months. 1040 Gardner RD, Austin TX 78721 nearby adjusts to $282,015; a strong comparable. 7 comparable transactions in JOHNSTON TERRACE support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value. Ed Neuhaus, Broker/Owner | Neuhaus Realty Group