124 Cumberland RD # 301, Austin TX 78704

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $508,485. To generate strong buyer interest while maximizing value, I'd price this between $588,000 and $601,000. In the current TOWNS CUMBERLAND market with 7 similar homes available, this price represents the 2nd least expensive of 7 comparable homes on the market. At 0.00 acres, the lot is smaller than the 0.09 acre comp average, which factors into pricing. The active market in TOWNS CUMBERLAND includes 7 comparable homes priced from $499,950 to $995,000. The trend in 78704 shows prices have fallen 5.7% in the past 6 months. 2114 Goodrich Ave # 10, Austin TX 78704 nearby adjusts to $588,126; a strong comparable. 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