1407 Concordia Ave, Austin TX 78722

Based on what similar homes have actually sold for within a few blocks, I'd place this property's value at $767,240. I'd recommend coming to market at $525,000 to $535,000 to strike the right balance between value and market velocity. Among the similar homes currently available in UPLAND, this price point stands out as competitive. The larger floor plan (176 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1942, this home is 7 years older than the average comp, which is reflected in the adjustments. Current inventory shows 4 comparable homes in UPLAND; a balanced market based on recent absorption. The trend in 78722 shows prices have fallen 13.8% in the past 6 months. 3811 Cherrywood RD, Austin TX 78722 nearby adjusts to $867,439; a strong comparable. Based on 3 relevant data points in UPLAND, 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