12501 Memorial PARK, Austin TX 78732

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $703,152. I'd recommend coming to market at $707,000 to $714,000 to strike the right balance between value and market velocity. In the current STEINER RANCH PARKSIDE market with 3 similar homes available, this price represents the most expensive of 3 comparable homes on the market. The smaller floor plan (196 sqft compared to the average comp) is a meaningful differentiator in this price range. The 0.26 acre lot (larger than the 0.21 acre average) is reflected in the estimate. With 3 similar homes currently listed in STEINER RANCH PARKSIDE (a buyer's market), competition is a factor to consider. The trend in 78732 shows prices have risen 0.3% in the past 6 months. 2829 Centennial Olympic PARK, Austin TX 78732 nearby adjusts to $594,627; a strong comparable. With 6 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