1504 Richcreek RD # 1, Austin TX 78757

The market data from 7 similar recent sales in CRESTVIEW points to a value of approximately $1,520,015. To sell within a reasonable timeframe at fair market value, the $1,490,000 to $1,550,000 range is where I'd position this. At this price, the property would be the 4th most expensive of 7 comparable homes on the market comparable homes currently on the market in CRESTVIEW. At 0.30 acres, the lot is larger than the 0.19 acre comp average, which factors into pricing. Current inventory shows 7 comparable homes in CRESTVIEW; a seller's market based on recent absorption. In CRESTVIEW, home values have fallen approximately 10.1% over the past 6 months. One of the strongest data points is 1305 Morrow ST, Austin TX 78757, adjusting to $1,607,645; with a pool. The 7 comps used here provide a solid foundation for this valuation. Keep in mind, I have not personally inspected this property. The numbers are data driven, not firsthand. Questions about this property or this area? Reach out anytime. Ed Neuhaus, Neuhaus Realty Group