1207 Cometa ST # B, Austin TX 78721

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $434,008. I'd recommend coming to market at $205,000 to $215,000 to strike the right balance between value and market velocity. Against 7 similar active listings in 78721, this price point lands at the 3rd least expensive of 7 comparable homes on the market. Being 128 sqft smaller than the average comparable sale in this area impacts the per square foot value. Built in 2014, this home is 18 years newer than the average comp, which is reflected in the adjustments. Buyers in 78721 have 7 comparable options right now, with asking prices between $175,000 and $649,999. The trend in 78721 shows prices have fallen 5% in the past 6 months. 5006 Lott Ave # 2, Austin TX 78721 nearby adjusts to $414,632; a strong comparable. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group