1205 Socorro DR, Austin TX 78734

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $493,786. To generate strong buyer interest while maximizing value, I'd price this between $505,000 and $514,000. With 7 comparable homes on the market in APACHE SHORES, this price positions the property as the 3rd most expensive of 7 comparable homes on the market. At 0.49 acres, the lot is smaller than the 0.55 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in APACHE SHORES; a buyer's market based on recent absorption. The trend in APACHE SHORES shows prices have fallen 6.8% in the past 6 months. 1907 Red Fox RD, Austin TX 78734 nearby adjusts to $456,398; a strong comparable. The 5 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