12417 Reserve Creek DR, Austin TX 78748

Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $571,748. To generate strong buyer interest while maximizing value, I'd price this between $449,000 and $459,000. With 3 comparable homes on the market in GABARDINE CONDO, this price positions the property as the most expensive of 3 comparable homes on the market. At 162 sqft larger than the typical comp, the size difference factors into the valuation. At 0.27 acres, the lot is larger than the 0.22 acre comp average, which factors into pricing. Current inventory shows 3 comparable homes in GABARDINE CONDO; a buyer's market based on recent absorption. The trend in GABARDINE CONDO shows prices have fallen 7.7% in the past 6 months. 2400 Chambray CT, Austin TX 78748 nearby adjusts to $513,385; 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