Based on what similar homes have actually sold for within a mile, I'd place this property's value at $955,832. I'd recommend coming to market at $1,165,000 to $1,279,000 to strike the right balance between value and market velocity. Among the similar homes currently available in BEVERLY RIDGE CONDO, this price point stands out as competitive. This home's larger footprint (101 sqft vs the comp average) plays a role in how the market prices it. Built in 2008, this home is 7 years newer than the average comp, which is reflected in the adjustments. Buyers in BEVERLY RIDGE CONDO have 7 comparable options right now, with asking prices between $850,000 and $2,195,000. The trend in 78732 shows prices have risen 12.6% in the past 6 months. 12505 Stapp CT, Austin TX 78732 nearby adjusts to $1,015,562; 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
