Looking at what buyers have actually paid for similar homes nearby, this property comes in at approximately $653,522. To generate strong buyer interest while maximizing value, I'd price this between $323,000 and $333,000. At this price, the property would be the most expensive of 6 comparable homes on the market comparable homes currently on the market in 78723. The 109 sqft size difference versus comparable sales is reflected in the adjusted values. Right now, 6 similar properties are competing for buyers in 78723, listed between $321,000 and $648,000. The trend in 78723 shows prices have fallen 0.8% in the past 6 months. 6404 Linda LN, Austin TX 78723 nearby adjusts to $726,901; a strong comparable. 6 comparable transactions in 78723 support the reliability of this estimate. As always, a data based estimate has its limits. Seeing the home in person is the best way to confirm value.
Ed Neuhaus, Broker/Owner | Neuhaus Realty Group