14716 HORNSBY HILL RD, Austin TX 78734

Based on what similar homes have actually sold for in the surrounding area, I'd place this property's value at $355,003. I'd recommend coming to market at $229,000 to $239,000 to strike the right balance between value and market velocity. Among the similar homes currently available in 78734, this price point stands out as competitive. At 151 sqft smaller than the typical comp, the size difference factors into the valuation. Built in 1965, this home is 16 years older than the average comp, which is reflected in the adjustments. Right now, 7 similar properties are competing for buyers in 78734, listed between $210,000 and $850,000. The trend in 78734 shows prices have fallen 6.6% in the past 6 months. 5506 LONGHORN LNDG, Austin TX 78734 nearby adjusts to $346,950; a strong comparable. Based on 7 relevant data points in 78734, 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