14 Tourney LN, Austin TX 78738

Based on what similar homes have actually sold for within a mile, I'd place this property's value at $625,691. I'd recommend coming to market at $508,000 to $518,000 to strike the right balance between value and market velocity. In the current 78738 market with 7 similar homes available, this price represents the 2nd most expensive of 7 comparable homes on the market. The 0.00 acre lot (smaller than the 0.21 acre average) is reflected in the estimate. Current inventory shows 7 comparable homes in 78738; a buyer's market based on recent absorption. The trend in 78738 shows prices have fallen 4.1% in the past 6 months. 414 Indianwood DR, Austin TX 78738 nearby adjusts to $628,633; a strong comparable. Based on 7 relevant data points in 78738, 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