14521 Friendswood LN, Austin TX 78737

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $708,418. I'd recommend coming to market at $687,000 to $730,000 to strike the right balance between value and market velocity. With 1 comparable homes on the market in 78737, this price positions the property as below the only comparable home currently on the market. The smaller floor plan (111 sqft compared to the average comp) is a meaningful differentiator in this price range. Built in 1994, this home is 8 years older than the average comp, which is reflected in the adjustments. Buyers in 78737 have 1 comparable options right now, with asking prices between $675,000 and $675,000. The trend in 78737 shows prices have fallen 4.8% in the past 6 months. 15501 Fox Run DR, Austin TX 78737 nearby adjusts to $825,607; with a larger floor plan and a pool. With 7 solid comps to draw from, the data tells a consistent story. Of course, without seeing the property in person, this is a data based estimate only. Ed Neuhaus, Neuhaus Realty Group