1324 Cedar Stand PASS, Austin TX 78748

Based on what similar homes have actually sold for within half a mile, I'd place this property's value at $472,141. I'd recommend coming to market at $471,000 to $478,000 to strike the right balance between value and market velocity. At this price, the property would be the most expensive of 3 comparable homes on the market comparable homes currently on the market in 78748. Being 291 sqft larger than the average comparable sale in this area impacts the per square foot value. Current inventory shows 3 comparable homes in 78748; a balanced market based on recent absorption. The trend in 78748 shows prices have fallen 4.7% in the past 6 months. 9512 Tanager WAY # 112, Austin TX 78748 nearby adjusts to $478,143; with a smaller floor plan. Based on 6 relevant data points in 78748, 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