12501 Lucida LN, Austin TX 78753

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $384,339. I'd recommend coming to market at $313,000 to $323,000 to strike the right balance between value and market velocity. With 7 comparable homes on the market in RETREAT TECH RIDGE TH, this price positions the property as the most expensive of 7 comparable homes on the market. This home's larger footprint (111 sqft vs the comp average) plays a role in how the market prices it. With 7 similar homes currently listed in RETREAT TECH RIDGE TH (a buyer's market), competition is a factor to consider. The trend in 78753 shows prices have fallen 3% in the past 6 months. 1413 Berlin LN, Austin TX 78753 nearby adjusts to $408,251; a strong comparable. Based on 5 relevant data points in RETREAT TECH RIDGE TH, I'm comfortable with this estimate. Without stepping inside, I can only go by what the data shows. An in person look would tell the full story. Ed Neuhaus, Neuhaus Realty Group | Austin, TX