1307 Minnie DR, Austin TX 78732

This home was listed at $320,000 and was on the market for 96 days before being withdrawn. Based on comparable sales, the market data suggests a value closer to $415,764. Here are some factors that may have played a role: After 96 days on market, buyer interest typically drops, and listings can become "stale" in buyer perception. The listing had a price reduction during its time on market, which can sometimes affect buyer perception. Built in 1986, this home may have faced competition from newer construction in the area priced similarly. The 1986 construction puts this home 20 years older than the comp average, a factor in the pricing. At 0.30 acres, the lot is larger than the 0.21 acre comp average, which factors into pricing. 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